Celera Inc.,a soap manufacturing firm based in Colorado,needs to raise capital to fund its product development plans.The firm decides to offer its shares of ownership to the public for the first time,and lists its securities on a public exchange.This is termed as ________.

Question

Quizplus · Accepted Answer

A)A corporation's first offering of shares to the public is called initial public offering (IPO).
B)A corporation's first offering of shares to the public is called initial public offering (IPO).
C)A corporation's first offering of shares to the public is called initial public offering (IPO).
D)A corporation's first offering of shares to the public is called initial public offering (IPO).
E)A corporation's first offering of shares to the public is called initial public offering (IPO).