Business, 27.11.2020 21:20 sidemen10117
On August 19, 2004, Google completed its IPO of 20.0 million shares to the initial investors at $84 per share. The closing price of the stock that same day was $95.00. What was the dollar value of the underpricing associated with the Google IPO
Answers: 1
Business, 22.06.2019 00:30
Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale
Answers: 1
Business, 22.06.2019 21:50
Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing
Answers: 2
Business, 23.06.2019 05:50
Ineed the answer today! explain how inflation can be built into the system
Answers: 1
On August 19, 2004, Google completed its IPO of 20.0 million shares to the initial investors at $84...
Mathematics, 30.08.2019 23:00
Biology, 30.08.2019 23:00
Mathematics, 30.08.2019 23:00
History, 30.08.2019 23:00
Social Studies, 30.08.2019 23:00
History, 30.08.2019 23:00
Chemistry, 30.08.2019 23:00
Biology, 30.08.2019 23:00
Social Studies, 30.08.2019 23:00
French, 30.08.2019 23:00
History, 30.08.2019 23:00
History, 30.08.2019 23:00
World Languages, 30.08.2019 23:00