Question: 2 0 ) Initial public offerings ( IPOs ) ere usualtyrelative to the levels at which theirprices stabilize after they begin trading in the secondary
Initial public offerings IPOs ere usualtyrelative to the levels at which theirprices stabilize after they begin trading in the secondary market?
A Mispriced, but without any perticular Bias.
B Comectly priced
C Overpriced
D Underpriced
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