To raise capital, Financial Fusion sold

Question

Quizplus · Accepted Answer

The best choice for Financial Fusion to raise capital would be to sell stock to stockholders by using an IPO (Initial Public Offering). This would allow them to sell shares of ownership in the company to a wide range of investors, providing a significant amount of capital for the company. Selling stock to family members and friends (A) or promissory notes to a few trustworthy investors (E) would not provide enough capital, while selling bonds to a few close associates (C) would limit the number of investors and potentially limit the amount of capital raised. Selling commercial paper certificates to clients (D) is a method typically used for short-term financing and would not provide enough capital for Financial Fusion's long-term needs.

To Raise Capital, Financial Fusion Sold