Which of the Following Statements Regarding IPOs Is Most Accurate

question 17

Multiple Choice

Which of the following statements regarding IPOs is most accurate?

• A)In an auction IPO,the underwriter purchases the entire issue at a small discount and then resells it at the offer price.
• B)The shares that are sold in the IPO may either be new shares that raise new capital,known as a secondary offering,or existing shares that are sold by current shareholders (as part of their exit strategy),known as a primary offering.
• C)Many IPOs,especially the larger offerings,are managed by a group of underwriters,called a syndicate.
• D)At an IPO,a firm returns to the public market to offer more shares.
• E)Auction IPOs are the most common type of IPO.

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Definitions:

Social Change

The alteration in social structure, patterns of behavior, cultural norms, and values over time in any society.

Private Act

An action or behavior conducted in personal or secluded settings, not meant for public observation or intervention.

Suicide

The act of intentionally causing one's own death, studied across disciplines to understand the underlying social, psychological, and environmental factors.

Sacred

Connected with God or dedicated to a religious purpose, deemed holy, or perceived as having a spiritual significance that merits veneration or respect.