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47. A(An) ________ refers to the first public offering of a corporation's stock. a. primary market offer (PMO) b. first securities proposal (FSP) c. initial

47. A(An) ________ refers to the first public offering of a corporation's stock.

a. primary market offer (PMO) b. first securities proposal (FSP)

c. initial public offering (IPO)

d. primary public sale (PPS)

e. securities management offering (SMO)

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