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Navigate to Google Finance and search for Facebook. Determine the closing price of the stock on the day of the IPO (use the Historical prices
Navigate to Google Finance and search for Facebook. Determine the closing price of the stock on the day of the IPO (use the Historical prices link).
1. What was the closing Price?
2. What was the IPO Price?
3. What was the first day return?
4. How does this return compare to the typical IPO?
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