An Initial Public Offering (IPO) is an offering of
A) stocks or bonds to the public by a company that has not previously sold securities to the public.
B) stocks or bonds to the public by a company that is issuing new securities but that has previously sold securities to the public.
C) stocks or bonds to the public that has either issued or not issued securities to the public in the past.
D) the assets of a company that has declared bankruptcy to the creditors before the assets are sold to the public.
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