Which of the Following Statements Concerning Non-U

Which of the following statements concerning non-U.S.IPOs is false?

A) They are, on average, much smaller than those on the Nasdaq or NYSE.
B) They offer significant first-day returns.
C) It is difficult, on average, to find enough interested investors for non-U.S. IPOs.
D) Taxation issues such as capital gains tax rules significantly impact how issues are priced and which investors are targeted for the offer.
E) All of the above statements are true.