When a private firm decides to sell shares of a company to the public, what is taking place?
A. Long-term financing
B. Debt financing
C. Convertible bond offering
D. Public stock offering
E. Short-term financing
Answer: D. Public stock offering
Marketing MCQ
A. Long-term financing
B. Debt financing
C. Convertible bond offering
D. Public stock offering
E. Short-term financing
Answer: D. Public stock offering