In a(n) ________, a firm, typically working with an investment banker, sells its equity to the public at large.
A) FTC
B) merger
C) IPO
D) acquisition

Question

Quizplus · Accepted Answer

An IPO (Initial Public Offering) is the process of a company selling its equity to the public, typically with the assistance of an investment banker. This allows the company to raise capital and become publicly traded. The other options don't involve the sale of equity to the public.

In A(n) ________, a Firm, Typically Working with an Investment