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Describe the process of an Initial public offering (IPO) for a given company. You will mainly focus on: a. The reason why a company goes
Describe the process of an Initial public offering (IPO) for a given company. You will mainly focus on:
a. The reason why a company goes public.
b. The role of the investment bank (and the underwriting syndicate) in the process.
c. The difference between underwriting the issue and working on a best effort basis.
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