1 Answers

Option 2 : CBAD

The correct answer is option 2 i.e. CBAD

  • The first sentence in the rearrangement will be C, as this established the subject matter at hand - a company's IPO. 
  • Sentence B will come next as it talks about the situation before a company makes use of an IPO. Hence, B will follow C. 
  • The next logical sentence will be A, this talks about what happens after a company issues an IPO. 
  • The final sentence will be D, this talks about what else an IPO is called, the fact that this sentence is the last is clear from the use of the word 'Thus'. 

Thus, the correct answer is: CBAD

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