Roxy International Recently Conducted an IPO,Roxy Received $32 Per Share

question 6

Multiple Choice

Roxy International recently conducted an IPO,Roxy received $32 per share and the offer price was $34 per share and the stock price rose to $35 per share.What was the one day return?

• A) 3.13%
• B) 8.57%
• C) 2.94%
• D) 8.82%

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Definitions:

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone; the highest level of psychological development in Maslow's hierarchy of needs.

Angst

A profound and deep-seated feeling of dread, anxiety or anguish often associated with the existential concerns of human freedom and responsibility.

Construal

An individual’s particular experience of the world or way of interpreting reality.

Consciousness

The state or quality of awareness or of being aware of an external object or something within oneself.