Effects of interest rate on underpricing of US IPOs

• المؤلفون الرئيسيون: Lim, Eric Cheng How, Yang, Raphael Shi Jun, Tay, Rongming
• مؤلفون آخرون: Kong, Yoon Kee
• التنسيق: Final Year Project
• منشور في: 2008
• الموضوعات: DRNTU::Business::Finance::Equity
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/10297
• المؤسسة: Nanyang Technological University

This paper investigates the relationship between market-wide interest rate, using U.S 30-day Commercial Paper rate as a proxy, and the uderpricing of U.S IPOs issued between 1985-2003.