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#20 ABC Company used an investment bank to do IPO. In IPO, the company sold 459,068 shares at $70 each. The investment bank charged 5%

#20 ABC Company used an investment bank to do IPO. In IPO, the company sold 459,068 shares at $70 each. The investment bank charged 5% spread. At the end of the 1st day of trading, ABC's stock price c...

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