Which of the following are reasons Google chose to use an online auction rather
ID: 2384487 • Letter: W
Question
Which of the following are reasons Google chose to use an online auction rather than an investment bank to issue its IPO.I. It was less costly.
II. It wanted to avoid overpricing.
III. It allowed all profits to be garnered exclusively by large investors. A. I only B. III only C. II only D. I and II Which of the following are reasons Google chose to use an online auction rather than an investment bank to issue its IPO.
I. It was less costly.
II. It wanted to avoid overpricing.
III. It allowed all profits to be garnered exclusively by large investors. A. I only B. III only C. II only D. I and II
Explanation / Answer
correct option is "D" -I and II -
It was less costly to auction online rather through investment banker as they charge high cost .
It wanted to avoid overpricing .