Question: 8 . On average, IPOs of firms tend to perform _ _ _ _ over a period of a year or longer. a . well

8. On average, IPOs of firms tend to perform ____ over a period of a year or longer.
a.
well
b.
poorly
c.
about the same as the S&P 500 index
d.
none of the above
9. Referring to your answer to question 8, what do you think explains this IPO performance?

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