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Underpricing can possibly be explained

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Reference no: EM13673616

Underpricing can possibly be explained by which of the following?

a) Oversubscription of an issue
b) strong demand by investors
c) undersubscription of an issue
d) both strong demand by investors and undersubscription of an issue
e) both oversubscription of an issue and strong demand by investors

Reference no: EM13673616

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