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13 December, 06:54

When companies go public they get a direct say in choosing the price of their stocks.

True

False

+4
Answers (2)
  1. 13 December, 09:42
    0
    False: it is chosen by the supply and demand
  2. 13 December, 09:57
    0
    This statement is false.

    Explanation:

    Company stocks are determined by supply & demand.

    Unrelated Fun Fact:

    Lake Hillier in Australia is nearly as salty as the Dead Sea. Scientists suspect that some salt-loving bacteria (chiefly Salinibacter ruber) and algae give the lake its pink hue.
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