In financial markets, when a firm issues stock for the first time it is called an
A) investment portfolio option.
B) initial public offering.
C) initial portfolio offering.
D) investment portfolio offering.
B
You might also like to view...
Multiplier effects occur when there is a change in spending which does not depend on income. Spending which does not depend on income is referred to as
A) coincident spending. B) nominal spending. C) autonomous expenditures. D) induced expenditures.
Interstate Commerce Commission (ICC) Act of 1887 gave the federal government rate-setting powers
Indicate whether the statement is true or false
In a court decision in June 2001, the Federal District Count of Appeals in Washington, D.C. found that Microsoft had violated the
A. Robinson-Patman Act. B. Celler-Kefauver Act. C. Sherman Act. D. Clayton Act.
The present value of $100 in one year is $86.96 when the interest rate is 15%.
Answer the following statement true (T) or false (F)