6 IPO Underpricing What is meant by underpricing? Why are most IPOs underpriced? Drawing on the academic

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6 IPO Underpricing What is meant by underpricing? Why are most IPOs underpriced? Drawing on the academic evidence, explain the main theories behind this phenomenon. Is this a sign of market inefficiency? Explain.

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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Question Posted: Jul 19, 2024 06:02 PM

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What is meant by underpricing? Why are most IPOs underpriced? Drawing on the academic evidence, explain the main theories behind this phenomenon. Is this is a sign of market inefficiency? Explain.
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6 IPO Underpricing What is meant by underpricing? Why are most IPOs underpriced? Drawing on the academic

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Corporate Finance

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