An initial public share offering represents the share market's _____ role.

Question

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An initial public share offering (IPO) is the process through which a company goes public and offers its shares to the public for the first time. This is the primary market role of the share market as it allows the company to raise capital for the first time by selling its shares directly to investors. Choices A, B, and D are not correct as they do not accurately describe the specific role of the share market in an IPO.

An Initial Public Share Offering Represents the Share Market's _____