ayerTest.aspx?testid=255786901¢erwin=yes iz N fs K 5 ( IPOs. What is an IPO? What are the risks associated with buying IPOs? IPO stands for: (Select the best answer below.) 1 AL Question 11 of 20 O A. investment public offerings, which occur when a firm sells equity for the first time in the primary market. OB. initial public offerings, which occur when a firm sells equity for the first time in the secondary market. OC. initial public offerings, which occur when a firm sells debt for the first time in the primary market. OD. initial public offerings, which occur when a firm sells equity for the first time in the primary market. A What are the risks associated with buying IPOs? (Select the best answer below.) 40 OA. Most IPOs are offered to individual private investors or investors with high net worth. Therefore most institutional investors rarely get to buy an IPO but instead must purchase it in the secondary market when it begins trading on an organized stock exchange. Research has shown that this strate