A company offering its shares to the public for the very first time is conducting a(n):

A company offering its shares to the public

Multiple choice — select the best answer

ASecondary offering
BInitial public offering (IPO)
CPrivate placement only
DTender offer

✓ Correct answer: B. Initial public offering (IPO) An IPO is the first sale of a company's stock to the public, a primary market transaction. After the IPO, the shares trade in the secondary market.

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