Question: Compare the gross spreads: a . Based on our class discussions and textbook, what is the standard IPO gross spread in the market? b .
Compare the gross spreads:
a Based on our class discussions and textbook, what is the standard IPO gross spread in the market?
b Do you find the gross spreads of four IPOs listed above to be consistent with that?
c Based on our class discussions and lecture notes, please provide at least possible reasons for the difference in gross spreads.
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