What the average percentage spread across all ipo

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Problem 1: The fees for Canadian IPOs are ________ those for similar-sized IPOs in the U.S. but the total fee as a percent of the IPO size is calculated for every IPO, and the average percentage spread across all IPOs in Canada is ________ the average percentage spread across all IPOs in the U.S.

1) higher than; less than

2) higher than; also higher than

3) less than; higher than

4) less than; also less than

Reference no: EM132951038

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