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Whats the role of underwriters and prospectuses in IPO? What is the key difference between IPO and SEO? Why SEO also has the underpricing phenomenon?

Whats the role of underwriters and prospectuses in IPO? What is the key difference between IPO and SEO? Why SEO also has the underpricing phenomenon?

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Underwriters and prospectuses play important roles in an Initial Public Offering IPO Heres an overview of their roles Underwriters Underwriters are fi... blur-text-image

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