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Briefly Explain the Term "Initial Public Offering (IPO)

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Essay

Briefly explain the term "Initial public offering (IPO)."


Definitions:

Opportunity Cost

The cost involved when the second most advantageous option is not selected during decision-making.

Feasible Outcomes

Possible results or conclusions that can realistically be achieved in a given scenario or model.

Computerized Assembly Line

A production line in which computers control the assembly of products, enhancing efficiency, precision, and consistency.

Iron Ore

A natural resource that is mined and used primarily in the production of steel.

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