Another term for volume buying is buying in bulk

Which of the following is correct if an underwriter is selling stock to the public at $40 per share, the underwriter receives a $3 per share spread, 2 million shares are sold, and the issuing firm receives $111 million from the underwriter?

A. The underwriter's spread was greater than $3 B. The issue appreciated in price immediately C. The issue included 3 million shares D. The stock was issued on a best efforts basis

Which of the following statements is not an objective of discriminant analysis?

A) examination of whether significant differences exist among the groups, in terms of the criterion variables B) determination of which predictor variables contribute to most of the intergroup differences C) classification of cases to one of the groups based on the values of the predictor variables D) evaluation of the accuracy of classification