case‚ then an auditing firm or investment bank would also error on the side of overpricing the stock. Various theories have come to the forefront of this IPO underpricing debate‚ most of them explaining the pricing of a company’s stock in an IPO in terms of signaling effects as opposed to the fundamental characteristics of the firm and why a risk averse investment bank would be more likely to underprice a stock issue (Matt‚ 2009). The purpose of this study is to com- bine the leading theories and
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choices. If a student makes decisions that allow debt to fall upon them‚ a tuition-free system should not be set up just so they can leave college with less debt. Instead‚ some responsibility needs to be taken up and wiser choices need to be made. Also‚ with the prevailing system‚ students can get many grants and loans to get through college with little to no debt. Although it may be harder‚ college tuition should not be free because the solutions
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unexpectedly come their way‚ and is definitely not something to be taken lightly or belittled. War should not be romanticized. There is more than meets the eye. One argument is that people should volunteer to fight a war with a very specific outcome in mind. This can be supported
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Corporate Finance: Case Netscape 1. Why has Netscape been so successful to date? What is its strategy? How risky is its current competitive situation? Netscape follows a “give away today make money tomorrow”-strategy. Netscape currently has 75% of web browser market‚ making it by far the most popular browsing software. Netscape is making money by selling server software to companies that require marketing access to potential consumers‚ by selling its software packages and through providing
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same for our rights men‚ women‚ first nation or not‚ our amount of rights should be almost the same. Maybe it wasn’t like that in the olden days but now we should have our own rights to keep. I wonder why people treated each other by their backgrounds? Perhaps it was because people didn’t respect each other‚ maybe because they think that they’re different and so they should be treated differently. But no‚ all the humans should be treated the same way. It’s no fair if this guy has to do all the work
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Dogs should be allowed at work I think dogs should be allowed at work. I think dogs should be allowed at work for many reasons. Dogs should be allowed at work for the reasons are relieve stress‚ security‚ and to work. My first reason‚ why dogs should be allowed at work is to relieve stress. yes‚ dogs can relieve stress with their adorable looks and silly behavior. Imagine if your an employee just entering your working station and you find a lovely dog just sitting there with his tail
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in an initial public offering then the stock is called a hot issue. Netscape Communications (NSCP) was the classic hot issue. It went public August 9‚ 1995 at an offer price of $28. On the same day it hit a high of $74¾ and closed at $58¼. Netscape hit an all time high of $174 in December 1995 and split 2:1 February 7‚ 1996. In the long term‚ however‚ Netscape wasn’t that hot an issue. A year after the initial public offer Netscape Communications was trading below $30 a share. (Adjusted for the split
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The Punishment Should Match the Criminal. In the oldest written legal code “an eye for an eye and a tooth for a tooth” is the general rule regarding punishment for crimes committed. The punishment should match the crime. Today‚ our criminal justice system contains this same basic principle: the severity of the crime generally matches the severity of the punishment in terms of number of years served‚ fines imposed or community service hours required. It’s time to throw out the Hammarabi Code
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Why I should have a fish I want a fish and the reasons are down please read it. First I will clean the fish tank by myself. I have everything like rocks‚ plant and I have a fish tank. You only have to buy me a fish and a plant. I can take care of it myself by feeding it‚ cleaning the tank; this will get me more responsibility. It does not take that space because the tank is small. Also it does not make noise like filter; I have no filter so it is quiet. It does not chew on the furniture
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Juveniles should not be tried as adults because being an adult prison make their life so much harder and makes them face things that they shouldn’t have to face. Children in an adult penitentiary are at a higher risk of suicide‚ rape and also assaults (Horowitz-Prisco). There are many reasons on why they are at a higher risk of anything happening to them than someone who has been there before. One of the major reasons that they are at a higher risk is because they are young and have more energy than
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