List and briefly describe some possible reasons for the existence of IPO under-pricing?

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Introduction to Corporate Finance

ISBN: 978-1119171287

4th edition

Authors: Laurence Booth, Sean Cleary, Ian Rakita

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Question Posted: Nov 01, 2017 06:38 AM

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List and briefly describe some possible reasons for the existence of IPO under-pricing?

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First it lowers the risk of the underwriter losing money ...View the full answer

Introduction to Corporate Finance

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