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1.) Why would a firm Issue IPOs? Describe the main steps involved in the IPO process. What happens if all the shares are not immediately
1.) Why would a firm Issue IPOs? Describe the main steps involved in the IPO process. What happens if all the shares are not immediately sold when the IPO is issued? Would the dividend discount model be a good model to use when valuing a company that just went public two years ago? Explain. Briefly explain what price contingent orders are and provide two examples ways specific contingent orders might be useful to you as an investor.
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