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Explain the term - Underwriting
Underwriting is an agreement whereby underwriter promises to subscribe to a specified number of debentures or shares or a specified amount of stock in event of public not subscribing to issue. If issue is fully subscribed then there is no liability for underwriter. If a part of share issues remains unsold, underwriter would buy these shares. Hence underwriting is a guarantee for the marketability of shares.
i ordered case study 1 susam and malcom. when i open the document is completely different, not the same case study an is only relivent in the usa not australia... do you have the c
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give an introduction about stock exchage in india,,includig BSE
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