Why is IPO under-pricing less severe in Canada than it is in the United States? What causes under-pricing?
Answer to relevant QuestionsIf the IPO for Finns’ Fridges goes well, the contract with the investment bankers has a “green-shoe” clause that permits them to sell 15 percent more shares than originally planned. These additional shares would all be ...Pills4u.com and Drugs-R-Us Co. both sell prescription medications over the Internet. Each company has recently announced an IPO at $15 per share. At this price, one of the companies is undervalued by $1.50, while the other ...Back in their college days, David and Douglas Finn started renting refrigerators to other students for use in their dormitory rooms. Over the years, Finns’ Fridges has grown and financed its operations by retaining most of ...List and briefly describe the six basic factors used to determine a DBRS rating.Why do corporations issue long-term bonds, knowing that interest rate risk is higher for longer-term bonds?
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