A. origination services
B. document collection services
C. advising services
D. both a and c
✅ The correct answer is option D.
In negotiated sale, services provided by investment banks are origination services and advising services. A negotiated sale is when the issuer and an underwriter negotiate the terms of municipal bonds in lieu of groups bidding to establish the terms.
In negotiated sale, services provided by investment banks are origination services and advising services. A negotiated sale is when the issuer and an underwriter negotiate the terms of municipal bonds in lieu of groups bidding to establish the terms.