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An initial ______________ is the first time a corporation issues stock that may be purchased by the general public.

a) Public offering
b) Private placement
c) Stock repurchase
d) Dividend payout

User Jackilyn
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1 Answer

3 votes

Final answer:

An initial public offering (IPO) is the first time a corporation issues stock that may be purchased by the general public.

Step-by-step explanation:

A company's first sale of stock to the public is called an initial public offering (IPO). This is the answer to your question about the initial phase when a corporation issues stock that may be purchased by the general public.

User Cordal
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