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Your investment bankers price your IPO at $15.08 per share for 10.5 million shares. If the price at the end of the first day of

Your investment bankers price your IPO at $15.08 per share for 10.5 million shares. If the price at the end of the first day of trading is $17.16 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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