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Which of the following statements regarding security issuance is correct? A. IPO long-term underperformance suggests that on average, IPO firms tend to perform worse than
Which of the following statements regarding security issuance is correct?
A. | IPO long-term underperformance suggests that on average, IPO firms tend to perform worse than comparable seasoned firms within five years. | |
B. | IPO short-run underpricing tends to be larger in the cold market than in the hot market. | |
C. | Firms typically conduct road shows for their SEOs. | |
D. | Rule 415 allows firms to issue registered shares within one year after firms register with the SEC. |
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