Which of the Following Statements About the Preliminary Prospectus Is

question 21

Multiple Choice

Which of the following statements about the preliminary prospectus is (are) true?

• A)It indicates the maximum price at which the shares will be sold in the IPO.
• B)It typically provides a price range within which the shares are expected to be offered for sale.
• C)It provides prospective buyers with the specific assumptions used to set the price at which the shares will be offered.
• D)All of the above are true statements.