SIE (Securities Industry Essentials) Practice Exam

This answer is determined by the number of shares included in a company's initial public offering, or IPO. Option A appears to be a conservative estimate, while options B and D could potentially be too high. Additionally, option B includes the choice for 6,000 shares, which is a whole thousand higher than the other options, making it an outlier. Option C seems to be the most reasonable estimate based on the range of choices provided.