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All of the following are supporting arguments in favor of IPO underpricing except which one? Helps prevent the winners curse. Rewards institutions investors who share

All of the following are supporting arguments in favor of IPO underpricing except which one?

Helps prevent the winners curse.

Rewards institutions investors who share their market value opinions.

Reduces potential lawsuits against underwriters.

Diminishes underwriting risk.

Provides better returns to issuing firms.

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