ESSENTIALS CORPORATE FINANCE + CNCT A.
ESSENTIALS CORPORATE FINANCE + CNCT A.
9th Edition
ISBN: 9781259968723
Author: Ross
Publisher: MCG CUSTOM
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Chapter 15.6, Problem 15.6ACQ
Summary Introduction

To think critically about: The possible reasons for the drop in the stock price at the time of the announcement of the new equity issue.

Introduction:

The security that is registered and issued and is also being sold in the securities market to the public for the first time is the new issue. The initial public offerings are also a new issue.

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