Rock's work assumes a type of rationing that could be associated with a firm-commitment offering. If we

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Rock's work assumes a type of rationing that could be associated with a firm-commitment offering. If we suppose instead a best-effort underwriting, is there still a downward pressure on the offering price?

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Theoretical Foundations Of Corporate Finance

ISBN: 97999

1st Edition

Authors: Joao Amaro De Matos

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Question Posted: May 22, 2024 05:00 AM

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Rock's work assumes a type of rationing that could be associated with a firm-commitment offering. If we

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Theoretical Foundations Of Corporate Finance

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