The winner's curse arises because:. a) Underwriting fees.
b) Investors have noisy forecasts about fair value.
c) Investors forecasts are generally correct.
d) Startup founders are too optimistic about their value.

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Chuck, a single taxpayer, earns $80,750 in taxable income and $30,750 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) (do not round intermediate calculations. round your answers to 2 decimal places.)

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)