Multiple Choice
JLK is a partnership that was formed two years ago and has been extremely successful thus far. The owners have decided to incorporate and offer shares of stock to the general public. What is this type of an equity offering called?
A) Venture capital offering
B) Shelf offering
C) Private placement
D) Seasoned equity offering
E) Initial public offering
Correct Answer:
Verified
Correct Answer:
Verified
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