Asked by
Katherine Marie
on Nov 07, 2024
Verified
Underpricing is a cost of a secondary equity offering.
Secondary Equity Offering
A financial transaction where a company offers additional shares for sale to the public after an initial public offering.
- Recognize the dangers and charges involved in offering securities, which include underpricing and the direct expenses tied to their issuance.
Verified Answer
JE
Learning Objectives
- Recognize the dangers and charges involved in offering securities, which include underpricing and the direct expenses tied to their issuance.
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