Which of the Following Is NOT True with Respect to Initial

question 97

Multiple Choice

Which of the following is NOT true with respect to initial public offerings (IPOs) ?

• A)IPOs are first-time offerings of shares by a specific firm to the public.
• B)Normally, a firm planning an IPO will hire a securities firm to recommend the amount of stock to issue and the asking price for the stock.
• C)Owners of firms that engage in IPOs are normally required to retain their shares for at least three years before selling them in the secondary market.
• D)IPOs are typically intended to raise funds so the corporation can expand.

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Non-native English

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Cooperative relationships between different stakeholders (e.g., schools, parents, community organizations) aimed at achieving common educational goals.

U.S. Census Bureau

A federal agency responsible for collecting and analyzing data about the American people and economy.

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