Which one of the following statements is correct?
A) The IPOs which are the most underpriced are generally the most oversubscribed.
B) You will always receive your desired allotment of IPO shares if you agree to purchase shares in every IPO.
C) As long as you submit your order during the waiting period you will receive the number of shares you desire for every IPO issue.
D) The allocation of shares you receive will tend to be greater the more the issue is underpriced.
E) IPO allocations are generally more restrictive when an IPO is overpriced.
Correct Answer:
Verified
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