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Payment of Dealer Group in a Public Distribution

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A public distribution, the dealer group will generally pay a
higher price for the stock than the public.
lower price for the stock than the managing investment banker.
higher price for the stock than the managing investment banker.
lower price for the stock than members of the investment banking syndicate group.

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Solution Summary

This solution identifies the correct answer and explains the responsibilities of the dealer group and the public distribution.

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