IPO: A majority of firms choose a firm-commitment underwriting arrangement rather than a best-effort arrangement for their
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IPO: A majority of firms choose a firm-commitment underwriting arrangement rather than a best-effort arrangement for their IPO.
Explain why.
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781119795438
5th Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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