Question: 4 What is a security? O The first time a firm offers its stock for sale on the public market O A type of sales

4 What is a security? O The first time a firm offers its stock for sale on the public market O A type of sales brochure required to accompany an offering for the sale of stocks O An investment made by a person in an enterprise with others O Collateral provided to ensure that an investment is sound O A legal instrument designed to protect ownership in a business 2.5 pts

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