9. Jane has a small portfolio and engages in stock trading as a hobby. She wants to buy 90 shares of XYZ IPO is more likely to receive an allocation of shares when (4 points) A. IPO is substantially oversubscribed than when it is not. B. The knowledgeable investors feel the issue is underpriced. C. IPO is severely underpriced. D. IPO is undersubscribed. E. Jane has a standing order with the underwriter to purchase shares in every IPO handled by that underwriter