Which of the following is the firm allowing its equity, some of which was held privately by managers and venture capital investors, to be publicly traded in stock markets for the first time?
A) over the counter market transaction
B) private market transaction
C) initial public offering
D) public market transaction

Question

Quizplus · Accepted Answer

An initial public offering (IPO) is when a company allows its equity, some of which was held privately by managers and venture capital investors, to be publicly traded in stock markets for the first time.

Which of the Following Is the Firm Allowing Its Equity