Which of the Following Statements Is False

question 108

Multiple Choice

Which of the following statements is false?

• A)An initial public offering (IPO)occurs when the company first offers their shares for sale to the public.
• B)A seasoned new issue is the term used for any additional sales of new shares to the public after the IPO.
• C)An underwriter,usually an investment banker,advises the corporation on matters concerning the sale of shares and helps to market those shares for a fee.
• D)An IPO does not mean that a company is "going public."

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