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At what stage in their life cycle do firms usually have an IPO? O A. When the firm is incorporated O B. When proof of

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At what stage in their life cycle do firms usually have an IPO? O A. When the firm is incorporated O B. When proof of concept is established O C. When revenue > 0 O D. When operating cash flow or profit > 0 O E. When dividends > 0 OF. When growth opportunities begin to decline Reset Selection Question 2 of 5 2 Points If you use Free Cash Flow to fund a project, whose money are you spending im A. Common shareholders B. Preferred shareholders C. Junior debcholders Senibdebithibides e professor Tromley SLEGO

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