Although you were not fortunate enough to get Chipper's Golf Resort stock [ticker symbol: CHPR] as an IPO, you are still thinking about trying to add some to your portfolio. Last week when you mentioned it to your broker, he said that there are plenty of shares trading on ____________, but he wanted to send you the company's financial disclosures provided in the ______ before you finalize your decision.

Question

Quizplus · Accepted Answer

Since the stock was not acquired during the IPO process, it is likely trading on the secondary market. Thus, A is the best choice. Additionally, the broker would want to send the company's financial disclosures provided in the prospectus, which is a document provided during the IPO process, but can also be used for secondary offerings.

Although You Were Not Fortunate Enough to Get Chipper's Golf