Question: Briefly explain the term initial public offering (IPO). Why would a company choose to go public? (max 200 words) Briefly explain the role of underwriters

 Briefly explain the term initial public offering (IPO). Why would a

Briefly explain the term initial public offering (IPO). Why would a company choose to go public? (max 200 words) Briefly explain the role of underwriters in the issuance of securi- ties. (max 200 words)

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