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How do newly-listed firms generally perform subsequent to their IPO? (Choose the correct response.) A. No significant difference has been found between the performance of
How do newly-listed firms generally perform subsequent to their IPO? (Choose the correct response.) A. No significant difference has been found between the performance of newly-listed firms and other listed firms. B. Being growth firms, they usually go from strength to strength after an IPO, outperforming more mature firms. C. They generally perform well in the first three to five years, but then decline in the long term. D. They generally perform relatively poorly over the following three to five years after their IPO
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