[Solved] What is the purpose of an Overallotment O

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What is the purpose of an Overallotment Option in an IPO? A. To give the firms attorneys a chance to buy stock B. To provide

What is the purpose of an Overallotment Option in an IPO?

A. To give the firms attorneys a chance to buy stock

B. To provide additional compensation to the firms investment bankers

C. To allow the firms employees a chance to buy stock

D. To comply with SEC regulations

E. None of the above

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