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If an IPO is underpriced then: Question 41 options: The issue is less likely to sell out. The stock price will generally decline on the
If an IPO is underpriced then:
Question 41 options:
| The issue is less likely to sell out. |
| The stock price will generally decline on the first day of trading. |
| The issuing firm "leaves money on the table". |
| Investors in the IPO are generally unhappy with the underwriters. |
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