Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 2) which of the following statements is false? a)

2) Which of the following statements is false? a) On average, IPOs are underpriced, meaning...

60.1K

Verified Solution

Question

Finance

2) Which of the following statements is false?

a) On average, IPOs are underpriced, meaning the stock price drops under the initial subscription price on the first day of trading.

b) The median spread received by the underwriter for an IPO is 7% of the proceeds.

c) One of the problems with the payback period as a decision rule is that it ignores the time value of money.

d) Investment grade bonds have higher (better) credit ratings than junk bonds.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

for the equation 2KCl+CaF2->2KF+CaCl2, 55.1 grams of KCl is reacted with 46.7 grams of CaF2, how...

Chemistry
Q

Use an example to explain the classic endocrine cell-to-cell signaling pathway

Medical Sciences
Q

How is partial pressure of a gas determined? What factors cause the oxyhemoglobin dissociation curve to...

Medical Sciences
Q

List the types of between subjects designs and how you would analyze those designs statistically (chapter...

Psychology
Q

Which of the following aspects was NOT affected by Mongol rule in Russia A military...

Biology
Q

Which of the following is an SI unit for mass A Kelvin B mole C...

Biology
Q

12 Let K be the midpoint of the side AB in ABCD and L divide...

Geometry
Q

The following data set provides information of the 20 largest cities by population to compare...

Statistics
Q

1 point Consider the function f x 3x 9 Its tangent line at x 4...

Calculus
Q

Woody Elliott, owner of a lumber yard, donated various wood products, at his own expense,...

Accounting
Q

anythings helps 2. Solvency Measures a. What is...

Accounting
Q

in a facility, the support worker assists the resident by providing routine hygiene care which...

Accounting