An Investment Banker’s underwriter finds she overestimated the demand for an issuing firm’s securities in a firm commitment offering. One option for the underwriter is to:
A. Increase the fees charged to the issuing firm.
B. None of the above.
C. Lower the bid price to the issuing firm.
D. Sell the shares back to the issuing firm at a discount.
E. Cancel the issue and refund the fees paid by the issuing firm.