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13 November, 09:17

Which accurately describes an initial public offering?

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  1. 13 November, 09:20
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    An initial public offering is the first time that a company offers sale of stock in the company to the public. It shifts the company from being a privately held company (held by just a few persons) to a public company. Shares of stock in the company are thus becoming available on the stock exchange for the first time.
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