Question: On average, the performance of an initial public offering can be best described as . . . poor short-term performance and superior long-term performance. poor

On average, the performance of an initial public offering can be best described as . . .

poor short-term performance and superior long-term performance.

poor short-term performance and poor long-term performance.

superior short-term performance and poor long-term performance.

superior short-term performance and superior long-term performance.

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