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Author Question: On August 19, 2004 Google IPO offered 19,605,052 shares at a price of U.S. $85 per share, which were ... (Read 65 times)

Frost2351

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On August 19, 2004 Google IPO offered 19,605,052 shares at a price of U.S. $85 per share, which were sold in an online auction in a bid to make the shares more widely available. Which of the following statements best describes why these are considered a primary market transaction?


◦ The transaction was between the corporation and investors.
◦ Google was at the time a recently founded company seeking capital with which to expand.
◦ Shares of Google from this time onward could be traded between investors on a stock exchange.
◦ The shares were the first to be publicly issued by Google.


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Marked as best answer by Frost2351 on Jul 9, 2019

ansleighelindsey

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Frost2351

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Reply 2 on: Jul 9, 2019
YES! Correct, THANKS for helping me on my review


mcarey591

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Reply 3 on: Yesterday
:D TYSM

 

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