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Question 2 references particular peas Concerung sone Mogakolodi Limited carried out research to estimate the rate of return given by all Initial Public Offerings (IPO)

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Question 2 references particular peas Concerung sone Mogakolodi Limited carried out research to estimate the rate of return given by all Initial Public Offerings (IPO) in the local stock exchange if they are sold on the first day of listing. The researcher analysed the returns given by 50 IPOs. (a) Based on this scenario, indicate the population and the sample of interest. (5 marks (b) Based on the scenario, explain why the researcher chose to collect returns of 50 IPO's rather than considering all IPOs. [3 marks]

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