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Which of the following statement is NOT correct? During IPOs, underwriters purchase shares from issuing firms and resell them Both open-end and close-end fund shares
Which of the following statement is NOT correct?
During IPOs, underwriters purchase shares from issuing firms and resell them | ||
Both open-end and close-end fund shares can be traded | ||
None of the above | ||
There is a decrease in number of IPOs after 2000 | ||
Purchases of new issues of stock take place in the primary market |
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