A Multinational Firm That Proceeds to Raise Capital Outside of Its

A multinational firm that proceeds to raise capital outside of its domestic market is ultimately in search of an issuance - the IPO or SPO. But often issuances must be preceded by listings, in which the shares are traded on an exchange and, therefore, in a specific country market. The listing serves the following purposes EXCEPT:

A) gaining name recognition.
B) reducing the compliance costs.
C) gaining visibility.
D) preparing the market for an issuance.

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