In the U.S., for issues less than $500 million, the typical fee paid to underwriters to issue stock is ________ of the amount of stock raised

Direct foreign investment and foreign portfolio investment both can be beneficial to an FI because of imperfectly correlated returns with domestic investments.

a. true b. false

Customers who see the benefits of interdependency between the buyer and the seller are known as transaction buyers

Indicate whether the statement is true or false