Purchasing a security of a company that is issuing their stock for the first time - 2425

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Solution Detail
Price: $1.25
  • From: ,
  • Posted on: Tue 20 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
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Request Description

Purchasing a security of a company that is issuing their stock for the first time publicly would be considered:

a. a secondary market transaction.

b. an initial public offering.

c. a seasoned new issue.

d. both a and b. 

Solution Description

Purchasing a security of a company that is issu