Investment bank

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Investment bank is a firm that assists in the design of an issuing firm's corporate securities and in the sale of the new securities to investors in the primary market.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Investment bank. A firm that assists in the design of an issuing firm's corporate securities and in the sale of the new securities to investors in the primary market.

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