- CFA Exams
- CFA Level I Exam
- Topic 3. Corporate Issuers
- Learning Module 1. Organizational Forms, Corporate Issuer Features, and Ownership
- Subject 3. Public and Private Corporations
CFA Practice Question
The most likely stage at which a private company might consider "going public" is:
B. growth
C. maturity
A. start-up
B. growth
C. maturity
Correct Answer: B
Greater amounts of capital are needed at this stage, and the capital needs maybe too greate for private investors to meet.
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