Use the ___________ style for most technical, scientific, and legal documents

Cash flows between investors and the firm, what we call financing cash flows, occur in one of four

ways EXCEPT: A) Pay stock dividend. B) Increase or decrease interest-bearing debt. C) Pay interest to lenders. D) Pay dividends to stockholders.

The offer price of shares in an IPO is generally less than the price those shares sell for at the end of the first trading day. Which of the following parties suffer most from this situation?

A) the buyers of shares after the initial offering B) the underwriters of the IPO C) the pre-IPO shareholders of the issuing firm D) the lead underwriter of the IPO