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Q1) XYZ Ltd.s IPO was severely under-priced based on the first days closing price. How would it affect your thinking to know that at the
Q1) XYZ Ltd.s IPO was severely under-priced based on the first days closing price. How would it affect your thinking to know that at the time of the IPO, XYZ was only looking for gold and did not have any revenue from its operations?
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