The Netscape IPO was severely underpriced. This occurred even though the offering price of $28 had already
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The Netscape IPO was severely underpriced. This occurred even though the offering price of $28 had already been doubled from a planned $14 just weeks earlier. Should Netscape be upset with Morgan Stanley over the remaining underpricing?
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Yes Netscape should be upset with Morgan Stanley over the remaining underpricing of its IPO Even tho...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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