Which one of the following is an intended result of a lockup agreement?
A) Temporarily supporting the market price of IPO shares
B) Maximizing the return on an IPO to a firm's original owners
C) Increasing the volume of trading for shares of a recent IPO
D) Limiting price volatility on the first day of trading IPO shares
E) Guaranteeing a minimum number of sold IPO shares
Correct Answer:
Verified
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