Question: What is Initial Public Offering (IPO) under pricing when raising equity capital? Discuss the asymmetric information theory and the signalling theory of IPO under pricing.

What is Initial Public Offering (IPO) under pricing when raising equity capital? 

Discuss the asymmetric information theory and the signalling theory of IPO under pricing. 

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Initial Public Offering IPO underpricing is a phenomenon that occurs when a companys shares are sold for less than their true market value on the firs... View full answer

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