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ObjectiveMcq
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What is the full form of "IPO"?
Correct Answer: D — Initial Public Offering
Explanation:
An initial public offering (IPO) is the first time a company issues shares to the public. This is when a private company decides to go 'public'. In other words, a company that was privately-owned until then becomes a publicly-traded company. Before the IPO, a company has very few shareholders.