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Your investment bankers price your IPO at $15.01 per share for 10.6 million shares. If the price at the end of the first day of
Your investment bankers price your IPO at $15.01 per share for 10.6 million shares. If the price at the end of the first day of trading is $16.65 per share, a. What was the percentage underpricing? b. How much money did the firm miss out on due to underpricing
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