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1.What is an IPO? Does this offering occur in the Primary market or the Secondary market? a.Which of the following statements are true, which are

1.What is an IPO? Does this offering occur in the Primary market or the Secondary market?

a.Which of the following statements are true, which are false and why?

i.In an IPO there is one seller and many buyers

ii.The IPO market is a trading market

iii.The corporation makes money on all sales of stock in the secondary market.

iv.A public company will issue additional shares in the primary market in order to raise funding for expansion

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