question 29

Question Completion Status: Ruestion 29 1 points Which of the following statements is NOT CORRECT? O a It is possible for a firm to go public and yet not raise any additional new capital for the firm itself. Ob. The stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the SEC. Oc "Going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. Od When a corporation's shares are owned by a few individuals, we say that the firm is "closely, or privately, held." When stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an IPO," a O e for such stock is called the new issue or IPO market. A Moving to another question will save this response. Questic