38.doc - potential benefit welfare from IPOs nevertheless they are still thought to be highly profitable Lastly during the last decade ten or so the IPO

38.doc - potential benefit welfare from IPOs nevertheless...

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potential benefit welfare from IPOs, nevertheless they are still thought to be highly profitable. Lastly, during the last decade ten or so the IPO market in China has developed and maintained a good track cut record for profits. Consequently, the China example is encouraging to support the investors’ desire to launch XYZ Construction, Inc. IPO, which as aforementioned may very well benefit from an underpriced IPO market. Additionally, it is prudent to point out that there are expenses associated with an IPO yet these are worth in the long run. As suggested by

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