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Corporate shares were offered for sale to the public for the first time yesterday. According to the company's
founders, they hope to use the funds raised in this initial public offering to invest in building several new factories.
Based on the excerpt from a news story, which statement is true?
The corporation is raising money by selling stocks.
The corporation is raising money by building new factories.
The corporation is raising money by selling bonds.
The corporation is raising money by becoming a closely-held corporation.
Sagot :
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