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QUESTION 10 Why are IPOs under-priced? Also, stock prices of new equity issues (for example SEOs) tend to decline, what are possible explanations for such

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QUESTION 10 Why are IPOs under-priced? Also, stock prices of new equity issues (for example SEOs) tend to decline, what are possible explanations for such behaviour of stock prices? Arial 3 (12pt) T RES Path: P

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