Answer the following statements true (T) or false (F)
1. IPOs generally underperform compared to the general market in the immediate aftermarket.
2. In 2011, IPOs rose tremendously since the market started to pick up.
3. The term "underpricing" describes the process of setting the spread between the participants of the investment banking syndicate.
4. When a company goes public, an initial public offering must occur to sell the ownership of the company to the public.
5. Investment bankers can help a firm undertake a secondary offering when the company is too small for a primary offering IPO.
1. FALSE
2. FALSE
-This happened in 2014.
3. FALSE
-"Underpricing" actually refers to selecting a share price for new issues slightly below the market value perceived by the public.
4. TRUE
5. FALSE
-Secondary offerings are about the sale of supplemental shares, as well as those held by owners from the primary offering, rather than the size of the company.
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Assume that a company is facing a loss contingency. GAAP requires the company to recognize a liability even if the company cannot determine whether or not the event has occurred
Indicate whether the statement is true or false
Which of the following systems supports sales forecasting?
A) Logistics information systems B) Personnel information systems C) Marketing information systems D) Financial information systems
Which state in the U.S. has more than half of the publicly traded corporations?
A. Delaware B. Connecticut C. Texas D. New York E. Florida
Round to the given place: 3,119,687 (hundred thousands)
A. 3,120,000 B. 3,000,000 C. 3,119,700 D. 3,100,000