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Demand curve for a particular firms stock

Question:

Is it true that the "flatter" or more nearly horizontal, the demand curve for a particular firm's stock, and the less important investors regard the signaling effect of the offering, the more important the role of investment bankers when the company sells a new issue of stock?

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Finance Basics: Demand curve for a particular firms stock

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Finance Basics: Demand curve for a particular firms stock

Reference No:- TGS02082852

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