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NNF1024 NNF1024
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2 years ago
When the offer price is lower than the market price on the first day of trading, the difference is known as

▸ the spread.

▸ over pricing.

▸ the underwriter's fee.

▸ underpricing.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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tswinson3tswinson3
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2 years ago
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NNF1024 Author
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2 years ago
Smart ... Thanks!
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this is exactly what I needed
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