An IPO is a(n) __________.

Question

Quizplus · Accepted Answer

An IPO (Initial Public Offering) is a primary market offering, which means it is the first time a company is offering its stocks to the public for purchase. This is different from a secondary market investment, where stocks are bought and sold between investors on stock exchanges. It is also not a high-yield bond, which is a type of debt investment that pays a high interest rate, and it is not an independent price occurrence, which does not apply here.

An IPO Is A(n) __________