Data from the Marketplace Show That the Shares Sold in an Australia

Data from the marketplace show that the shares sold in an Australia IPO are typically:

A) priced between 2 and 5 per cent below the price at which they close at the end of first day of trading.
B) priced between 10 and 15 per cent above the price at which they close at the end of first day of trading.
C) priced between 15 and 20 per cent below the price at which they close at the end of first day of trading.
D) priced between 2 and 5 per cent above the price at which they close at the end of first day of trading.