Answer:
The statement is: True.
Explanation:
An Investment Banker works for a financial institution that helps companies, governments and organizations raise money through security issuance. Investment bankers give their clients advice on mergers and acquisitions as well as insights into how to reorganize or launch a spin-off.
Investment bankers purchase entire stocks or bonds sold at a discount rate by a given public company. Instead, the investment banker sells the shares at full price to private investors.
