QUESTION 19

1. Generally, an initial public offering (IPO) is:

A.an offer to potential investors of ordinary shares to newly list a company on a stock exchange

B.an offer to potential investors of convertible notes to newly list a company on stock exchange

C.an offer to potential investors of company debentures to newly list a company on a stock exchange

D.an offer to potential investors of unsecured notes to newly list a company on a stock exchange