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A lockup agreement is intended to: a. guarantee a minimum number of shares will be sold in an IPO. b. maximize the potential return to
A lockup agreement is intended to:
a. guarantee a minimum number of shares will be sold in an IPO.
b. maximize the potential return to a firm's original owners during a stock's first few weeks of trading publicly.
c. increase the volume of trading when a new security is released.
d. limit the activities of day traders.
e. temporarily help support the market price of an IPO.
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