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Which of the following statements is CORRECT? Select one: The term IPO stands for Introductory Price Offered, and it is the price at which shares

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Which of the following statements is CORRECT? Select one: The term "IPO" stands for Introductory Price Offered, and it is the price at which shares of a new company, are offered to the public. A private company may be merged with a listed Special Purpose Acquisition Company to become a public company. O When a company goes public in a direct listing it allows both the early private stockholders to sell their shares in the stock market and the company to issue new shares to raise money, It is possible that the price set in an IPO is so high that investors will not buy the number of shares that the company wants to sell in this situation, the IPOs said to be oversubscribed

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