Multiple Choice
An IPO of a firm formerly financed by venture capital is carried out for what primary purposes?
A) Insiders can sell their shares or cash out
B) Generate cash to pay down bank indebtedness
C) To establish a market value for the equity and provide funds for operations
D) All of the above.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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