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reason for the undepricing of IPOs is Multiple Choice The shares of new company do not have liquidity O None of the above options O

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reason for the undepricing of IPOs is Multiple Choice The shares of new company do not have liquidity O None of the above options O The offer price of a new company is very difficult to set O Overpriced stocks are avoided by informed invetsors which lowers demand, resulting in uninformed investors purchasing the issue

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