Describe the role that the winners curse may play in the underpricing of IPOs.

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Describe the role that the “winner’s curse” may play in the underpricing of IPOs.

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Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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Question Posted: May 23, 2013 04:20 AM

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Describe the role that the winners curse may play in the underpricing of IPOs.

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One of important rationale in the under pricing of IPOs is the Winners ...View the full answer

Personal Financial Planning

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