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All of the following are costs of an IPO EXCEPT: Select one: A.Liquidity. B.Underwriting spread. C.Out-of-Pocket expenses. D.Underpricing.

All of the following are costs of an IPO EXCEPT:

Select one:

A.Liquidity.

B.Underwriting spread.

C.Out-of-Pocket expenses.

D.Underpricing.

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