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Lunar Excursions Wants to Do an IPO but Is Very

Question 27

Multiple Choice

Lunar Excursions wants to do an IPO but is very uncertain that underwriters will set the most optimal offer price for the securities.Which one of the following might the firm consider to address this uncertainty?


A) Extended lockup period
B) Extended quiet period
C) Dutch auction underwriting
D) Best efforts underwriting
E) Standby underwriting

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