Arbor-view Plant Science Company has invented a drought resistant grass seed that only needs watering three times each year. In order to expand distribution worldwide, the company whose product produces lush green foliage needs a large amount of funding fast! The handful of seed scientists that own the company decides to offer shares of stock to general investors. This first-time offering is a (n):
A. Stock Equity Commission (SEC)
B. Stock Fund Offering (SFO)
C. Broad Based Offering (BBO)
D. Initial Public Offering (IPO)
Answers: 3
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Arbor-view Plant Science Company has invented a drought resistant grass seed that only needs waterin...
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