How does a company sell its shares to the public for the first time? Explain the contents of a registration statement
What will be an ideal response?
The issuance of securities by an issuer is called an initial public offering (IPO). A business or party selling securities to the public is called an issuer. An issuer may be a new company that is selling securities to the public for the first time. This is referred to as "going public." Or the issuer may be an established company that sells a new security to the public. Many issuers of securities employ investment bankers, which are independent securities companies, to sell their securities to the public. A registration statement must contain descriptions of (a) the securities being offered for sale; (b) the registrant's business; (c) the management of the registrant, including compensation, stock options and benefits, and material transactions with the registrant; (d) pending litigation; (e) how the proceeds from the offering will be used; (f) government regulation; (g) the degree of competition in the industry; and (h) any special risk factors.
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Answer the following statement true (T) or false (F)
________ is a third-party service connecting a merchant's EC system to the appropriate acquiring bank or financial institution
Fill in the blank(s) with correct word
Who are the individuals involved in information systems that take on leadership roles? List some of the common functional areas in an information system
What will be an ideal response?
An investor bought a 10 ½% bond at 109 . The commission was $5 . Compute the current yield. (Round answer to two decimal places.)