Why might a medium-sized company choose to remain private? Select one: O a to avoid additional costs of compliance, O b. these are all valid reasons. to avoid public scrutiny. O d. to avoid focus on short-term earnings. . IPOs are usually under-priced because Select one: O a. investors have misjudged the riskiness of the company. O b. the company has misjudged the level of investors' interest. O c. all of these are true. O d. the bank underwriting the issue has recommended a lower offer price