Which of the following statements is NOT CORRECT? O a. The stock of publicly owned companies must generally be registered with and reported to regulatory agency such as the SEC b. It is possible for a firm to go out and yet not raise any additional new capital for the firm itsell "Going public establishes o firm's true intrinsic value and ensures that aliquid market wit aways exist for the firm's shares a When a corporation shares are owned by a few individuals, we say that the firm is closely or privately held. When stock in a closely held corporations offered to the public for the first time, the transaction is called "going public, or an 120 and the market for such stocks called the new issue or IPO marce