Your childhood friend told you the following: "i recently read that more than half of the money issued by the government is actually held by people in foreign countries. if that's true, then the united states is less than half as wealthy as government statistics indicate." do you agree or disagree with your friend? briefly explain.

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.