On August 19, 2004 Google issued its IPO of 19.6 million shares to the initial investors at

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On August 19, 2004 Google issued its IPO of 19.6 million shares to the initial investors at $85.00 per share. The closing price of the stock that same day was $100.34. What was the dollar value of the underpricing associated with the Google IPO?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:15 AM

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On August 19, 2004 Google issued its IPO of 19.6 million shares to the initial investors at

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With a closing price of 10034 per share the ...View the full answer

Fundamentals of corporate finance

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