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In syndicate, leading bank which negotiates transaction to issuing bank on behalf of syndicate is called
Answer & Solution
Correct Answer:
Option
A
In syndicate, leading bank which negotiates transaction to issuing bank on behalf of syndicate is called originating house. Originating house is an investment brokerage firm or several investment bankers joined together to manage the underwriting and sale of a new issue of stock to the general public.
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