Multiple Choice
What do people who buy newly issued stock in a corporation such as Rockwood Pottery Ltd.provide?
A) They buy debt finance and so become part owners of Rockwood.
B) They buy debt finance and so become creditors of Rockwood.
C) They buy equity finance and so become part owners of Rockwood.
D) They buy equity finance and so become creditors of Rockwood.
Correct Answer:
Verified
Correct Answer:
Verified
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