please answer 7,8,11,12, and 13.

they are multiple choice number ur answers.

thank you :)

7. Which one of the following statements about PO s is not true? A. Investment banks underwites the IPO. B. PO often provide very good initial returns to investors (over 12 days). C. IPOs generally provide superior long-term performance as compared to other stocks. D. Shares in IPOs are often primarily allocated to institutional investors. 8. If an investor places a. order, the stock will be sold if its price falls to the stipulated level. If an investor places a. order, the stock will be bought if its price rises above the stipulated level. A. stop-buy; stop-loss B. market; limit C. stop-loss; stop-buy D. limit; market 11. Which of the following result in a taxable event for investors? I. Short-term capital gain distributions from the fund II. Dividend distributions from the fund II. Long-term capital gain distributions from the fund A. Ionly B. II only C. I and II only D. L,I, and II B. sell their shares back to the fund at net asset value C. sell their shares on the open market D. sell their shares at a premium to net asset value if they wish