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In the realm of finance, investment banking plays a crucial role in assisting with mergers and acquisitions, raising capital, and providing strategic financial advice to corporations and other entities. One key document that governs the relationship between an investment bank and its client is the engagement letter. This paper outlines the terms and conditions of the engagement, including the scope of services, fees, and responsibilities of both parties. In this article, we will explore the importance of the investment banking engagement letter and
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