arborview plant science company has invented a drought resistant grass seed that only needs watering three times each year. in order to expand distribution world wide, the company whose product produces lush green foliage needs a large amount of funding - fast! the handful of seed scientists that own the company decides to offer shares of stock to general investors. this first-time offering is a(n): a.broad based offering (bbo). b.stock fund offering (sfo). c.initial public offering (ipo). d.stock equity commission (sec).