What is meant by the term "blue skyed.? An IPO has been approved by a securities commission The price of an IPO increases substantially on the first trading day. The price of an IPO has been stabilized after it begins trading. None of the above.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter23: Corporate Restructuring
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What is meant by the term "blue skyed.?
An IPO has been approved by a securities commission
The price of an IPO increases substantially on the first trading day.
The price of an IPO has been stabilized after it begins trading.
None of the above.
Transcribed Image Text:What is meant by the term "blue skyed.? An IPO has been approved by a securities commission The price of an IPO increases substantially on the first trading day. The price of an IPO has been stabilized after it begins trading. None of the above.
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