Question: Write a short essay on why there is so much uncertainty surrounding the valuation of a firm that is engaged in an IPO. Why do

Write a short essay on why there is so much uncertainty surrounding the valuation of a firm that is engaged in an IPO. Why do you think some investors overvalue firms at the time of their IPO?

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Firms that pursue IPOs tend to be young firms that have grown substantially in recent yea... View full answer

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