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A rationale for the underpricing of penny stocks is: Question 3 2 options: They must be underpriced to compensate investors for risk. They are not

A rationale for the underpricing of "penny stocks" is:
Question 32 options:
They must be underpriced to compensate investors for risk.
They are not underpriced.
They don't pay dividends.
That when they are issued, dilution effects lower the share price.

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