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I your own words, explain why the owners of a previously privately held firm may be upset with their investment bankthat priced their IPO at

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I your own words, explain why the owners of a previously privately held firm may be upset with their investment bankthat priced their IPO at $15/ share, if after 3 days of troding the stock has closed at 547 share. Mssume 10 mini on shares where offered in the IPO, and that this represented 50% of the firb What was the Firm's initial valuation per the investment Bank? How much is the fom worth as per the maket close of today? How muct are the original owners' shares worth now? How much cash did they forgo

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