IPO Pricing the Eyetech IPO was underpriced by about 54 percent. Should Eyetech be upset at Merrill Lynch over the under-pricing?

IPO Pricing the Eyetech IPO was underpriced by about 54 percent. Should Eyetech be upset at Merrill Lynch over the under-pricing?

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Related Book For answer-question

Fundamentals of Corporate Finance

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

ISBN: 978-0077861629