Which Statement Is Correct

question 31

Multiple Choice

Which statement is correct?

• A)IPO underpricing is minimal in China.
• B)IPO underpricing is limited to the U.S.markets.
• C)The percentage of underpricing remains stable over time in the U.S.
• D)The only period in the U.S.when underpricing produced first day returns of 50 percent or more was during the tech bubble of 1999-2000.
• E)Some of the greatest IPO underpricing has occurred in Saudi Arabia.

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Definitions:

Declaration Statement

A statement in programming that declares a new variable or function, specifying its type and, optionally, initializing it.

Function Body

The section of a function in a program that contains the actual statements that execute when the function is called.

Local To Main

Relates to variables or functions that are accessible within the main function, typically contrasting with global scope.

Program

A set of instructions written in a programming language that a computer follows to perform specific tasks or solve problems.