Randolph & Chase Electronics has just declared an initial public offering (IPO) . This means that
A) Randolph & Chase will be selling its shares in the primary market to the public for the first time.
B) Randolph & Chase's stock will be sold in the secondary market for the first time.
C) Randolph & Chase's stock will be listed on the S&P 500 stock market index.
D) Randolph & Chase will have a commercial bank sell its shares to the public.
Correct Answer:
Verified
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