Question
On August 19, 2004, Google completed its IPO of 20.0 million shares to the initial investors at $85 per share. The closing price of the
On August 19, 2004, Google completed its IPO of 20.0 million shares to the initial investors at $85 per share. The closing price of the stock that same day was $94.00. What was the dollar value of the underpricing associated with the Google IPO? (Round answer to 0 decimal places, e.g. 5,275.)
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Principles Of Finance With Excel
Authors: Simon Benninga
2nd Edition
0199755477, 9780199755479
