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Question 9 (10 points) Which of the statements below is TRUE? Private companies can go public by choosing to sell stock to attract permanent financing

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Question 9 (10 points) Which of the statements below is TRUE? Private companies can go public by choosing to sell stock to attract permanent financing through equity ownership of the company. Buying of shares is the selling of ownership in the company. Most companies have the resident expertise to complete an initial public offering (1PO), or first public equity issue. A company is said to go "private" when it opens up its ownership structure to the general pblic through the sale of common stock. Question 10 (10 points)Saving You want to invest in a stock that pays $5.00 annual cash dividends for the next four years. At the end of the four years, you will sell the stock for $20.00. If you want to

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