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Question: Consider a large number of private companies headquartered in different locations across the United States. Some of these businesses are located in central areas

Question: Consider a large number of private companies headquartered in different locations across the United States. Some of these businesses are located in central areas (urban areas or financial centers like New York City, Boston, etc.) and the rest of these businesses are located in remote areas (rural areas). Suppose all of these companies are planning to go public. Discuss in detail if the geographic location of these companies might influence the level of IPO underpricing of these companies?

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