A Guide to Initial Public Offering (IPO) — NEXEA
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You've probably noticed coverage in the financial press of an initial public offering (IPO) of a company's securities. Is an IPO a primary market transaction or a secondary market transaction? List the types of securities that are traded in the money market and what differentiates the money market from the capital market. "The primary objective of the firm is to maximize earnings per share." In no more than 150 words, comment on this statement.
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