$3.50 An initial public offering (IPO) occurs when the company first offers their stock for saleFound in Business: General-Business
Chapter 1, # 0
Which of the following statements is true?
a. An initial public offering (IPO) occurs when the company first offers their stock for sale to the public.
b. A seasoned new issue is the term used for any additional sales of new stock to the public after the IPO.
c. An underwriter, usually an investment banker, advises the corporation on matters concerning the sale of shares of stock and helps to market those shares for a fee.
d. A and B are true.
e. All of the above are true.
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- Posted on Apr. 07, 2012 at 12:30:23AM