What is meant by the term "blue skyed.? An IPO has been approved by a securities commission The price of an IPO increases substantially on the first trading day. The price of an IPO has been stabilized after it begins trading. None of the above.
What is meant by the term "blue skyed.? An IPO has been approved by a securities commission The price of an IPO increases substantially on the first trading day. The price of an IPO has been stabilized after it begins trading. None of the above.
Chapter23: Corporate Restructuring
Section: Chapter Questions
Problem 8QTD
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Please correct answer and don't used hand raiting

Transcribed Image Text:What is meant by the term "blue skyed.?
An IPO has been approved by a securities commission
The price of an IPO increases substantially on the first trading day.
The price of an IPO has been stabilized after it begins trading.
None of the above.
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