Author Question: A bull market is a prolonged declining market. Indicate whether the statement is true or ... (Read 63 times)

jake

  • Hero Member
  • *****
  • Posts: 538
A bull market is a prolonged declining market.
 
  Indicate whether the statement is true or false.

Question 2

Most companies do not have the resident expertise to complete an initial public offering (IPO), so they hire an investment banker to help accomplish the sale. Describe three significant tasks that an investment banker provides.
 
  What will be an ideal response?



kjo;oj

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

Answer: FALSE
Explanation: A BEAR market is a prolonged declining market.

Answer to Question 2

Answer: First, the investment banker provides talent and expertise to structure the sale of the newly issued shares while complying with all SEC regulations. Second, the investment banker prepares the prospectus, a document that provides potential buyers with information about the company and the impending sale. Third, the investment banker makes sure that all relevant information is disclosed prior to the sale. If material information is not disclosed prior to the sale, both the issuing company and the investment banker may be liable if a lawsuit is brought by those who bought the newly issued shares.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jake

  • Hero Member
  • *****
  • Posts: 538

kjo;oj

  • Sr. Member
  • ****
  • Posts: 328

 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

For a complete list of videos, visit our video library