A New Public Equity Issue from a Company with Equity

question 17

Multiple Choice

A new public equity issue from a company with equity previously outstanding is called a(n) :

• A)initial public offering.
• B)seasoned equity issue.
• C)unseasoned equity issue.
• D)private placement.
• E)syndicate.

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Definitions:

Sacajawea

A Lemhi Shoshone woman who assisted the Lewis and Clark Expedition, serving as an interpreter and guide in the early 1800s.

Lewis and Clark

Two explorers, Meriwether Lewis and William Clark, who led an expedition from 1804 to 1806 across the Western United States to explore lands acquired in the Louisiana Purchase.

Shoshone Indian

A member of a Native American tribe originally located in the western United States, known for their hunter-gatherer culture.

Pacific Ocean

The largest and deepest of the world's oceans, located between the Americas to the east and Asia and Australia to the west.