When Ferrari sells stock to the public in its IPO, it will do so through the New York Stock Exchange.This is an example of Ferrari raising funds through

Question

Quizplus · Accepted Answer

Ferrari is raising funds by selling its stock to the public through a financial market, which in this case is the New York Stock Exchange. A financial market is a platform where buyers and sellers of financial assets, such as stocks, bonds, and currencies, come together to exchange these assets. By going public and selling its stock to investors, Ferrari is able to raise funds to invest in the growth and development of its business.

When Ferrari Sells Stock to the Public in Its IPO