The First-Time Issuance of Shares by a Specific Firm to the Public

question 18

Multiple Choice

The first-time issuance of shares by a specific firm to the public is referred to as a(n) ​

• A)stock repurchase.
• B)secondary stock offering.
• C)initial rights issue.
• D)initial public offering (IPO).

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Definitions:

French Revolution

A period of radical social and political upheaval in France from 1789 to 1799, leading to the downfall of the monarchy, rise of republicanism, and significant changes in the country's political landscape.

French Colonies

Territories around the world that were controlled by France from the 16th century until the 20th century, part of a larger French colonial empire.

Financial State

A condition or situation of an entity's (person, organization, or country) finances, including assets, liabilities, and net worth at a given time.