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10. Your investment bankers price your IPO at $15 per share for 10 million shares. If the price at the end of the first day
10. Your investment bankers price your IPO at $15 per share for 10 million shares. If the price at the end of the first day of trading is $17 per share, a. What was the percentage underpricing? b. How much money did the firm miss out on due to underpricing
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