Underpricing of an IPO would most likely be greatest in which of the following markets?

Name: Underpricing of an IPO would most likely be greatest in which of the following markets?
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Question

Quizplus · Accepted Answer

Studies have shown that underpricing of IPOs is most common in emerging markets such as China, where there is less information transparency and greater uncertainty in the market. The other options are developed markets where underpricing tends to be less prevalent.

Underpricing of an IPO Would Most Likely Be Greatest in Which