A company's first sale of stock to the public is called ?
Correct answer: C. Initial Public Offering (IPO)
- A. Public Offering
- B. First Public Offering
- C. Initial Public Offering (IPO)
- D. Going Public
Explanation
An initial public offering is the first sale of a company's shares to the general public, abbreviated IPO. Public offering and going public are broader descriptions, but IPO is the standard precise term for the first sale.
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