Your investment bankers price your IPO at $14.64 per share for 9.7 million shares. If the price at the end of the first day of trading is $17.38 per share, a. What was the percentage underpricing? b. How much money did the firm miss out on due to underpricing? a. What was the percentage underpricing? As a percent of the offering price, the underpricing is %. (Round to one decimal place.)