In Order to "Go Public," a Company Must Take All

Multiple Choice

In order to "go public," a company must take all of the following actions except:

A) engage an investment bank to determine if a market exists for the company's stock.
B) prepare a prospectus.
C) prepare a "red herring" and file it with the Commerce Department.
D) receive approval of the prospectus from the SEC.
E) offer stock to the public in an IPO.