what is ipo? Give any two example.
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Answer:
Cooking-You buy the ingredients(input),do all the process of cooking(process) and you get what you wanted to cook(output). You drink water(input),filtration takes place in ur body(process) and it goes out in the form of sweat and urine.
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An IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.
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