Question
Which of the following statement is NOT TRUE based on the table shown below a. these results are based on a total of 8,497 IPO
Which of the following statement is NOT TRUE based on the table shown below
| a. these results are based on a total of 8,497 IPO firms from 1980 to 2018. | ||
| b. | Venture capital backed IPOs appear to perform better than non VC-backed firms. | |
| c. | All statements are true. | |
| d. | IPO stocks tend to pop on the first day. | |
| e. | On average, IPO stocks tend to outperform after accounting for systematic risk over the next three years. |
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Financial Management For Nonprofit Organizations Policies And Practices
Authors: Jo Ann Hankin, John Zietlow, Alan Seidner, Tim O'Brien
3rd Edition
1119382564, 9781119382560
