Although you were not fortunate enough to get Tee Time Golf Resort stock 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

After the entire issue of an IPO is sold on the primary market, shares may start trading between investors on the secondary market. The official document that provides a condensed version of a company's financial disclosure to the SEC is called the prospectus.

Although You Were Not Fortunate Enough to Get Tee Time