FIN301_-_FA_2024_-_RE_3076.webp
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FIN301_-_FA_2024_-_RE_3076.webp

Kizspy | Question: 19
(Choose 1 answer)
The purpose of a lockup provision is to
A. keep individual investors from buying and selling stock.
B. prevent downward pressure on the stock's price.
C. increase the number of outstanding shares.
D. allocate a larger proportion of stock to institutional investors.

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