Utilities Inc decided to go public with an initial public offering. It sold securities, some of which were bought by James Jefferson. Six months later, James sold the shares he had purchased to Martha Graham and Mark Franco

Two years later, James bought back these shares from Martha and Mark and made a profit out of both transactions. Who is the issuer in this scenario?
A) Utilities Inc.
B) James Jefferson
C) Martha Graham
D) Mark Franco

A

Business

You might also like to view...

Discuss the factors driving an increased focus on sustainability

What will be an ideal response?

Business

Examine the securities below and identify the security with the highest liquidity premium, the highest default

risk premium, and the highest maturity premium. a. 30-year U.S. Government Treasury bond maturing in 2025 b. 25-year Bbb-rated corporate bond maturing in 2030, actively traded on the New York Exchange c. 10-year Aaa-rated corporate bond maturing in 2020, thinly traded on a regional exchange d. 3-month U.S. Treasury bill

Business