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Felton Publishing recently completed its IPO. The stock was offered at a price of $ 1 6 . 0 0 per share. On the first
Felton Publishing recently completed its IPO. The stock was offered at a price of $ per share. On the first day of trading, the stock closed at $ per share. Who lost from this underpricing?
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None of the other answers
Owners of other shares outstanding not part of the IPO
Investors who bought shares at the IPO price of $share investment banks indirectly from future business
A Owners of other shares outstanding part of the IPO
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