On Google IPO offered 19605052 shares at a price of US 85 per

On google ipo offered 19605052 shares at a price of

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8) 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? A) The transaction was between the corporation and investors. B) Shares of Google from this time onward could be traded between investors on a stock exchange. C) The shares were the first to be privately issued by Google. D) Google was at the time a recently founded company seeking capital with which to expand. Answer: A 9) What is the bid-ask spread? 11) Which of the following is a measure of the aggregate price level of collections of pre-selected stocks? 18) What are the terms for the two types of prices quoted for a stock on an exchange? 19) What is the general relation of the two types of prices quoted for a stock on a exchange? 20) What is the term for the applicable price that I will pay, if I have to buy a stock? 21) What is the term for the applicable price that the seller gets when he sells a stock on the exchange?
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22) What are the main differences between the NYSE and NASDAQ stock markets? 1) Raising new capital by issuing bonds is an example of a commercial banking activity. Answer: FALSE A) I, II, and III B) II, I, and III C) III, II, and I D) II, III, and I Answer: B 2) Put the following steps of the financial cycle in the correct order. I. Money flows to companies who use it to fund growth through new products. II. People invest and save their money. III. Money flows back to savers and investors.
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