Which of the following is true regarding an initial public offering? D - 3934

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Which of the following is true regarding an initial public offering?               D 

a.     The corporation gets proceeds from the investor. 

b.     Investors get proceeds from other investors. 

c.     The security is sold for the first time to the public. 

d.     Both a and c. 

e.     All of the above. 

 
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