Consider a large number of private companies headquartered in different locations across United States. Some of these companies are located in central areas (urban areas or financial centers like New York City, Boston, etc.) and the other part of these companies is located in remote areas (rural areas). Suppose all of these companies are planning to become publicly traded. Discuss in detail whether the geographic location of these businesses could influence the level of undervaluation associated with the IPO underpricing of these companies?