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Which of the following statements is FALSE? Stock prices in the secondary market is determined by a company's IPO price. Initial Public Offerings (IPO) represent
Which of the following statements is FALSE? Stock prices in the secondary market is determined by a company's IPO price. Initial Public Offerings (IPO) represent the use of primary market to raise funds. O Passive investing assumes the CAPM theory will work in financial markets. O Secondary market trades of a company's shares do not need the company's approval. Secondary market trades of a company's shares between retail investors do not generate additional funds for the company
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