Often times when a company becomes large enough, it will sell off a minority portion of their ownership to the public as shares to gain capital. This capital is then reinvested into the company to assist in new projects or expansion in general. For this week's discussion assignment, research how a company's stock is initially appraised when they decide to go public, how it is determined the number of shares are to be distributed and the advantages/disadvantages of common and preferred stock.

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