What are the main empirical regularities about ipo pricing, Financial Management

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What are the main empirical regularities about ipo pricing

1. Evaluate: IPOs should be underpriced by about 10-15%, because the average rate of return on the stock market is about 10-15%, too.

2. What are the main empirical regularities about IPO pricing and stock returns?

3. What is a good predictor for future IPO waves.

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Financial Management: What are the main empirical regularities about ipo pricing

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