Which of the following best describes the purpose of an initial public offering
(IPO)?
O...
Which of the following best describes the purpose of an initial public offering
(IPO)?
O
A. To raise money to fund a company's activities
O
B. To prevent the company from being taken over
O
c. To give investors a say in the membership of the board of
directors
O
D. To allow the government to regulate the company's activities
Answers: 2
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