Multiple Choice
Which one of the following is an intended result of a lockup agreement?
A) Temporary support of the market price of IPO shares
B) Maximization of the return to a firm's original owners from an initial spike in the market price of IPO shares
C) Increase in the volume of trading for shares of a recent IPO
D) Limitation on the price volatility of recent IPO shares caused by day trading
E) Guarantee of a minimum number of sold shares for an IPO
Correct Answer:

Verified
Correct Answer:
Verified
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