Syndicates are formed in the distribution of large issues

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Reference no: EM131456637

1. From the investment banker’s point of view, the major reason syndicates are formed in the distribution of large issues is for the purpose of

improving the liquidity of the issue

improving the geographic distribution

reducing the underwriter's risk

improving brand recognition

2. The holding period to qualify for long-term capital gain is

at least 6 months

at leat 9 months

at leat 18 months

more than 1 year

Reference no: EM131456637

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