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(a)Explain why some companies, having decided to go public choose to list their shares on an overseas market. (b)Explain how investment banks make money when

(a)Explain why some companies, having decided to go public choose to list their shares on an overseas market.

(b)Explain how investment banks make money when organizing an initial public offering (IPO) using the firm commitment method. Why might this contribute to IPO underpricing?

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