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$5$ Multiple Choice $2$ points

An IPO is attractive to the managers and investors of private companies EXCEPT for which of the following reasons?

It provides access to large amounts of capital in the public stock market.

Managing a public firm is much easier than a private one.

It gives managers a lot of reputation and attracts attention to the company.

It gives its private equity investors an opportunity to exit or diversify their investment.

Clear my selection

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