Which of the Following Is an Advantage of an Initial

Multiple Choice

Which of the following is an advantage of an initial public offering (IPO) ?

A) The legal costs of raising money via a public offering are lesser than that of other ways of raising money.
B) Management need not invest effort,time,and expense to comply with SEC regulations.
C) It creates options to acquire other companies with stock rather than cash.
D) Management becomes more interested in maintaining the price of a company's stock than in running the company.