Examlex
A survey of 800 college seniors resulted in the following crosstabulation regarding their undergraduate major and whether or not they plan to go to graduate school. The above crosstabulation shows
IPO
Initial Public Offering; the process through which a private company becomes publicly traded by offering its shares for sale to the general public for the first time.
Standby Underwriter
A financial entity that agrees to purchase any unsold shares after a public offering to ensure the issuing company raises the capital needed.
Underpriced IPOs
Initial Public Offerings priced below their market value, often leading to significant investor interest and potential profit.
Oversubscribed IPOs
Initial Public Offerings for which the demand for shares exceeds the number of shares available.
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