8. IPOs are very cyclical. In some years, there are large numbers of IPOs; in other years,...

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8. IPOs are very cyclical. In some years, there are large numbers of IPOs; in other years, there are very few. Why is this cyclicality a puzzle?

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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