Looking at Figure 4.6, describe the trend in gross public equity issues and IPOs in the U.S.

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Looking at Figure 4.6, describe the trend in gross public equity issues and IPOs in the U.S. during the last 25 years. How do you explain this trend given what we observe in Figure 4.5? Explain.

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Analysis For Financial Management

ISBN: 9780071276269

9th International Edition

Authors: Robert C. Higgins

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