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:

Cultural Insensitivity

Cultural insensitivity is the lack of awareness or regard for the differences and values of other cultures, often leading to misunderstanding or offense.

Cultural Definitions

The meanings, concepts, or understandings assigned to words, objects, practices, or ideas within a specific culture.

Clients of Color

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Ethnically Diverse

Describing a population that includes people from multiple ethnic backgrounds and cultures.