An initial public offering occurs when a stock is first sold to the general public.
Answer the following statement true (T) or false (F)
True
An initial public offering (IPO) is the first issuance (sale) to the general public of stock in a corporation. The revenues from the stock sale are used to fund investment in capital for the company.
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When Walmart sells toys imported from China:
A) the U.S. consumers pay in dollars while the workers who produce the toys are paid in yuan. B) the U.S. consumers pay in dollars and the workers who produce the toys are also paid in dollars. C) the U.S. consumers pay in yuan while workers who produce the toys are paid in dollars. D) the U.S. consumers pay in yuan and the workers who produce the toys are also paid in yuan.
In the above figure, a sales tax of $1 per unit imposed on sellers ________ the price buyers pay and ________ the price that suppliers keep for themselves
A) affects; does not affect B) does not affect; affects C) does not affect; does not affect D) affects; affects
Mutual funds ________
A) accept deposits and issue loans B) sell shares and buy financial instruments C) are a special type of commercial bank D) issue policies and receive premiums
The anticipated effect of contractionary monetary policy is
a. increase in aggregate demand. b. fall in interest rates. c. increased capital outflow. d. appreciation of the currency.