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ABC Corp is having an IPO with an IPO price of $15 per share that is expected to raise approx $100 million. Which of the

ABC Corp is having an IPO with an IPO price of $15 per share that is expected to raise approx $100 million. Which of the following is likely to be true?

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he price of the stock will be less than $15 at the close of the first trading day.

The cost of the IPO for ABC will be about $7 million.

The stock will perform very well in the 3 years after the issue.

None of the above are likely to happen.

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