The First Sale of Stock by a Firm to the Public

question 24

Multiple Choice

The first sale of stock by a firm to the public is referred to as a(n) ________.

• A) original public submission
• B) first unrestricted offering
• C) preemptive initial offering
• D) original open offering
• E) initial public offering

---

Definitions:

Future Worth

The projected value of an investment or project, typically calculated using estimates of future cash flows and discount rates.

Carbonated Soft Drinks

Beverages that are fizzy due to carbon dioxide being dissolved under pressure, including sodas and fizzy waters.

Product Life Cycle

The series of stages a product goes through from introduction and growth to maturity and decline, influencing marketing and production strategies.

Complete Product Line

A full range of items by a single company or brand that covers all segments of the market.