American depositary receipts
What are American Depositary Receipts (ADRs), and why have they proven so popular with U.S. investors?
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What do you think are the most important costs and benefits of becoming a publicly traded firm? If you were asked to advise an entrepreneur whether to take his or her firm public,
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How would you explain the fact that the underwriting spread on IPOs averages about 7 percent of the offering price, whereas the underwriting spread on a seasoned offering of common stock averages less than 5 percent?
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