For initial public offerings of common stock, 2013 was an average year, with about 38.75 billio

Question

For initial public offerings of common stock, 2013 was an average year, with about  38.75 billio

Accepted Answer

1. Initial public offerings (IPOs) are the first time a company sells its stock to the public. T

For initial public offerings of common stock, 2013 was an average year, with about $\$ 38.75$ billion raised by the process. Relatively few of the 157 firms involved paid cash dividends. Why do you think that most chose not to pay cash dividends?