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9. Concerning the IPO (Initial Public Offer), use short sentences in 1 or 2 lines to answer: (3 points) Why are they used by private

9. Concerning the IPO (Initial Public Offer), use short sentences in 1 or 2 lines to answer: (3 points)

  1. Why are they used by private companies?

  1. Why the disclosure of financial statements is seen as a disadvantage?

  1. Who are selling the companys shares in the offering day?

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