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What are usually the largest indirect costs of a typical IPO: A. Payments to lawyers and accountants. B. The time spent by the top executives

What are usually the largest indirect costs of a typical IPO: A. Payments to lawyers and accountants. B. The time spent by the top executives and investment bankers on the road show C.The difference between the stock price at the end of the first day of trading and the IPO offer price. D.The flotation cost. E.The underwriting fee charged by the investment bank

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