In a bond offering, financial advisors MOST often buy bonds of the company ________.
A) at higher than face value
B) at face value
C) at lower than face value
D) at twice face value
E) at par value
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Question
In a bond offering, financial advisors MOST often buy bonds of the company ________.
A) at higher than face value B) at face value C) at lower than face value D) at twice face value E) at par value Answer
15
Seconds
C) In addition to a managing fee, financial advisors make their money by initially
purchasing all the bonds at a discounted price and then quickly selling them to investors at a higher price.
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