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D Question 5 1 pts Pinder Co is preparing for an IPO. The investment bankers have come up with a subscription price of $25 after

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D Question 5 1 pts Pinder Co is preparing for an IPO. The investment bankers have come up with a subscription price of $25 after talking to investors. If the first day's closing price is expected to be $35, what is the expected underpricing for Pinder Co? 0 45% O 50% 40% O None of the other answers are correct. O 35%

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