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Business, 19.08.2021 20:20 berrydivina
An investment bank offers underwrites an IPO of up to 18.5m shares for ABC Company at a price of $12.50 per share. Show the $ return to the investment bank under both scenarios: 1. The 18.5m shares sell at $13.25 per share. 2. What happens if the IPO price is overstated and the shares sell for $12.25 per share
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An investment bank offers underwrites an IPO of up to 18.5m shares for ABC Company at a price of $12...
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