Which of the following statements is CORRECT? It is possible that the price set: company wants to sell. In this situation, the IPO is said to be oversubscribed. in an IPO is so high that investors will refuse to buy the number of shares that the The term "IPO" stands for Introductory Price Offfered, and it is the price at which shares of a new company are offered to the public In a "Dutch auction," investors who want to buy shares in an IPO submit bids indicating how many shares they want to buy and the price they are willing to pay. The company determines how many shares it wants to sell. The highest price that enables the company to sell the desired number of shares is the price that all buyers must pay. IPO prices are generally established by the market, and buyers of the new stock must pay the price that prevails at the close of trading on the day the stock is offered to the public