If Facebook has an IPO in the primary market,who would receive the proceeds from the sale of the stock?
A)Investors
B)NYSE
C)Facebook
D)ADR's

Question

Quizplus · Accepted Answer

The proceeds from the sale of the stock would go to Facebook as it is their IPO (initial public offering) in the primary market. Investors would buy the stocks and pay the proceeds to Facebook in exchange for ownership in the company. The NYSE is simply a stock exchange that facilitates the buying and selling of stocks, and ADRs (American Depository Receipts) are a type of security representing shares in foreign companies that are traded on US stock exchanges.

If Facebook Has an IPO in the Primary Market,who Would