Score: 0 of 1 pt 10 of 22 (0 complete HW Score: 0% P 14-10 (similar to) Question He Your investment bankers price your IPO at $15.37 per share for 9.7 million shares. If the price at the end of the first day of trading is $17.47 per share, a. What was the percentage underpricing? b. How much money did the firm miss out on due to underpricing? a. What was the percentage underpricing? As a percent of the offering price, the underpricing is % (Round to one decimal place) Score: 0 of 1 pt 11 of 22 (O complete) HW Score: 0%, 0 of 22 pts P 14-11 (similar to) Question Help Felton Publishing recently completed its IPO. The stock was offered at $13.14 per share. On the first day of trading, the stock closed at $18,57 per share, a. What was the initial retum on Felton? b. Who benefited from this underpricing? Who lost, and why? a. What was the initial return on Felton? The initial retum was [% (Round to one decimal place.)