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Having heard about IPO underpricing. 1 put in an order to my broker for 1,000 shares of every IPO he can get for me. After

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Having heard about IPO underpricing. 1 put in an order to my broker for 1,000 shares of every IPO he can get for me. After 3 months. my investment record is as follows: \begin{tabular}{|cccc} \hline & Shares Allocated to Me & Price per IPO Share & Initiol Return \\ A & 580 & $1e & 7 \\ 8 & 200 & 20 & 12 \\ C & 1,009 & 8 & 2 \\ D & e & 12 & 23 \\ \hline \end{tabular} a. What is the average underpricing in dollars of this sample of IPOs? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Average underpning is 0.100

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