Why is the amount of business an underwriter does related


a. Why is the amount of business an underwriter does related to their ability to attract new issuing firms? In other words, why does it make sense to measure underwriter reputation with their ranking in the “league tables”? b. Using the logic discussed in class, why did Netscape eventually choose to double it’s offering price from $14 to $28?

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Financial Management: Why is the amount of business an underwriter does related
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