
Corporate Finance
3rd Edition
ISBN: 9780132992473
Author: Jonathan Berk, Peter DeMarzo
Publisher: Prentice Hall
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Chapter 1.3, Problem 2CC
Summary Introduction
To Determine: The advantages that a stock market provide to corporate investors.
Introduction: The stock market is a commercial center where securities and possession stake in organizations and companies are purchased, sold, exchanged, and issued. It is where the shares of pubic listed organizations are traded. The primary market is the place organizations float shares to the community in an initial public offering in order to raise capital.
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