Examlex
The assumption of constant service times cannot be used with human servers because of the inevitable variability.
Underpricing
Occurs when the initial offering price of a stock is set below its market value, often leading to a price surge once it begins trading publicly.
Direct Issuance Costs
Expenses directly associated with the issuance of new securities, including legal, accounting, and underwriting fees.
Secondary Equity Offering
A financial transaction where a company offers additional shares for sale to the public after an initial public offering.
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