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Buffalo have humps, but we prefer not to refer to them as "lovely lady lumps." It's kind of a sensitive issue.

The IPO: Key Players and the IPO Process from the Inside Drill

Dashboard > Laws, Regulations, and Guidelines, Including Prohibitions on Unethical Business Practices > The IPO: Key Players and the IPO Process from the Inside > The IPO: Key Players and the IPO Process from the Inside Drill

1.

When Facebook is ready to begin selling its newly issued stock, can it sell directly to the public?
- (A)Yes, a new issue can go directly to the public.
- (B)Yes, Marky Mark can do pretty much whatever he wants at this point.
- (C)No, the stock is sold to the public by a hand-picked group of traders.
- (D)No, the stock is sold to the public by an underwriter.

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8.

All of the following would satisfy the definition of an "accredited investor," except:
- (A)An individual who has had income of more than $200,000 in each of the prior two years and expects to maintain that level of income.
- (B)An individual who has a net worth of $1,000,000 or higher.
- (C)A partner, executive, or director of the issuer.
- (D)All of the above are considered "accredited investors."