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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
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.)
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Wealth Habits Six Ordinary Steps To Achieve Extraordinary Financial Freedom
Authors: Candy Valentino
1st Edition
1394152299, 978-1394152292
