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Lunar Excursions Wants to Do an IPO but Is Very

Question 4

Multiple Choice

Lunar Excursions wants to do an IPO but is very uncertain that underwriters will set the most optimal offer price for the securities.Which one of the following might the firm consider to address this uncertainty?


A) Extended quiet period
B) Extended lockup period
C) Best efforts underwriting
D) Dutch auction underwriting
E) Standby underwriting

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