Given the stylized facts related to IPO performance, if you were able to obtain IPO shares at
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Given the "stylized facts" related to IPO performance, if you were able to obtain IPO shares at the issue price, when might be the best time to sell the shares: after the first day of trading or three-to-five years later?
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When a company has completed the event of IPO its shares ...View the full answer
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Related Book For
Financial Management Concepts and Applications
ISBN: 978-0132936644
1st edition
Authors: Stephen Foerster
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