Which accurately describes an initial public offering?

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asked Jan 26, 2019 63.7k views

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Francisco Junior · Answer 1 · 2019-01-31T19:38:16+0000

An initial public offering is the first time that a company offers sale of stock in the company to the public. It shifts the company from being a privately held company (held by just a few persons) to a public company. Shares of stock in the company are thus becoming available on the stock exchange for the first time.

Which accurately describes an initial public offering?

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