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

Solution Posted by

riz115

Solution Detail

Price: $1.25

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