The financial crisis of 2008 resulted in a sharp reduction in the number of initial public offerings because
A) investors lacked confidence in future market conditions.
B) the crisis led to new regulations which were not yet fully understood.
C) investors were wary of new companies with no sustained record of profitability.
D) all of the above.
Correct Answer:
Verified
Q1: Stocks and bonds are traded in
A) securities
Q3: Stocks, bonds and mutual fund shares are
Q8: It can be argued that an IPO
Q10: The price of stock sold in an
Q10: The preliminary version of a prospectus is
Q14: The governmental agency that oversees the capital
Q15: The purpose of the "quiet period" a
Q18: The document that describes the issuer of
Q19: Short-term securities are bought and sold in
Q36: Investment bankers who join together to share
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