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Which of the following are NOT implications of an initial sale of shares to the public? A . Publish financial information quarterly. B . Comply

Which of the following are NOT implications of an initial sale of shares to the public?
A. Publish financial information quarterly.
B. Comply with rules and regulations of the SEC.
C. The firm must disclose a sizable degree of financial and operational details.
D. All of the above are implications of an initial sales of shares to the public.
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