The average initial return from investing in IPOs is the highest in
A)Denmark.
B)China.
C)Italy.
D)Mexico.

Name: The average initial return from investing in IPOs is the highest in A)Denmark. B)China. C)Italy. D)Mexico.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

According to a study by Jay Ritter, a professor of finance at the University of Florida, the average initial return from investing in IPOs is the highest in China, followed by South Korea and the US. Therefore, option B, China, is the best choice.

The Average Initial Return from Investing in IPOs Is the Highest