Question: answer ASAP pls Which statement is NOT correct? Question 7 options: Unicorns are expected to have high growth and high valuations. The IPO refers to

answer ASAP pls

Which statement is NOT correct?

Question 7 options:

Unicorns are expected to have high growth and high valuations.

The IPO refers to the sale of new shares to their first owners.

An LBO is a type of MBO and occurs when a firm is mainly bought by using debt.

During the liquidation, the harvesting of the investment value can be spread out over several years.

In underwriting, a "firm commitment" means the investment bank will purchase the unsold security and resell it.

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