An IPO is _________
- AOption (a)
Initial price offered by a private limited company to its shareholders
- BOption (b)
An offer by an unlisted company for sale of its shares for the first time to the public
- COption (c)
Used to increase the share capital of an unlisted company
- DOption (d)
A book building process
- EOption (e)
None of the above
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Correct answer
Initial price offered by a private limited company to its shareholders