An initial public offering (IPO) represents the first time a corporation's stock is offered and sold to persons outside of the company.
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Q7: Issuing stock is considered equity financing.
Q8: It is easier for a small business
Q9: The proceeds from a secondary market sale
Q10: Only government employees represent institutional investors.
Q11: Investment bankers assist in the issuing and
Q13: When investment bankers underwrite an issue, they
Q14: The primary market allows an investor to
Q15: Securities markets provide private investors a place
Q16: Corporations sell a new issuance of securities
Q17: Securities markets represent the financial marketplaces for
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