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An underwriter for a company's share is paid

An underwriter for a company's share is paid
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Interest
  • B Commision
  • C Dividend
  • D Salary
Correct Answer: Option B
Explanation:
Underwriting commission is the compensation that an underwriter receives for offering underwriting services. a fee is paid as a return for the implicit risk involved in the underwriting contract.

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