Question: Initial Public Offering is a lengthy and exhausting process for companies. However, extremely rewarding in monetary term. Please answer which institution is responsible to underwrite

Initial Public Offering is a lengthy and exhausting process for companies. However, extremely rewarding in monetary term. Please answer which institution is responsible to underwrite stock offerings? And what is the market where you as an individual trader can buy and sell stock once it starts trading in exchanges?

  • Investor and credit bank; Over the counter market

  • Commercial bank; Primary market

  • Insurance company; block holder market

  • Investment bank; Secondary market

  • Mutual fund; Institutional market

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