CORPORATE FINANCE--CONNECT ACCESS CARD
12th Edition
ISBN: 9781264331062
Author: Ross
Publisher: MCG CUSTOM
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Question
Chapter 20, Problem 15CQ
Summary Introduction
To explain: The basic empirical regularities in initial public offerings.
Bond:
Bond refers to the securities which are traded in the public to raise the capital when needed. It is an investment with a fixed income where an investor gives money to an entity or individual for a specified period of time at a fixed rate.
Underpricing:
The underpricing term refers to the offering of the stocks or the bond at a low price than before. The stocks or the debt are said to be underpriced when they are traded at a lower
Initial Public Offering:
The initial public offering refers to the shares or the stock which is offered by a company to the public for the first time. This is done following lots of regulations and is generally done to raise the funds of a company.
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CORPORATE FINANCE--CONNECT ACCESS CARD
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