Initial public offering is:
A)a promotion a firm or government has for selling securities.
B)when a company offers stock for sale to the general public for the first time.
C)another term for secondary market.
D)all of these answers are correct.

Question

Quizplus · Accepted Answer

An initial public offering (IPO) is when a company offers stock for sale to the general public for the first time. It is a way for companies to raise funds by selling shares of ownership in the company to investors. Choices A and C are not accurate definitions of an IPO.

Initial Public Offering Is