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Aleks [24]
3 years ago
15

Initial public offerings (IPOs) are usually ___________ relative to the levels at which their prices stabilize after they begin

trading in the secondary market. a. overpriced b. correctly priced *c. underpriced d. mispriced, but without any particular bias
Social Studies
1 answer:
Talja [164]3 years ago
8 0

Answer:

a. overpriced

Explanation:

Initial public offerings (IPOs) consist of going public on large companies on the stock exchanges through shares representing a share of the company. When an investor buys a share, he or she becomes a minority shareholder in the company's ownership structure. Normally, when companies open their IPOs, there is a high expectation from economic agents, increasing the demand for them. Therefore, the price is usually higher than the market price. Over time, the price adjusts to normal.

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What are some ways immigrants have contributed to the United States? Check all that apply.
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What are some ways immigrants have contributed to the United States? Check all that apply.

They have established many start-ups and famous companies.

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They have established many start-ups and famous companies.

They have contributed to the growth of the American economy

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The United States has had a large number of immigrants who have come in search of a better standard of living and among them, there include Africans, Mexicans, and other places.

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