FUND. OF FINANCIAL MGMT (LL)--W/ACCESS
FUND. OF FINANCIAL MGMT (LL)--W/ACCESS
9th Edition
ISBN: 9781337948982
Author: Brigham
Question
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Chapter 2, Problem 3Q
Summary Introduction

To identify: Whether initial public offering is the transaction of primary market or secondary market.

Introduction:

Initial Public Offering: It refers to the offering which is done first time by any private corporation to invite the public to buy the stock in the primary market. To raise the more funds company go for initial public offering.

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