When a Security Bought Through an IPO Is Resold,where Does

question 42

Multiple Choice

When a security bought through an IPO is resold,where does the gain or loss go?

• A) The investor who bought the security
• B) The bank that financed the IPO
• C) Stakeholders with vested interests in the company
• D) The investor who sold the security
• E) The company

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Definitions:

Lincoln Elected

The event in 1860 when Abraham Lincoln became the 16th President of the United States, leading up to the Civil War.

South Carolina

A state in the southeastern region of the United States, known for its rich history and as the first state to secede from the Union during the Civil War.

Union Army

The land force that fought for the Northern states during the American Civil War against the Confederate Army of the Southern states.

Military Service

Employment in the armed forces of a country, including duties in defense, operations, and possibly combat, either as a voluntary career or through conscription.