Discuss how each of the following economic indicators may affect the environment for the launching of your initial public offering (IPO).Overall, how soon
should you launch a public offering given the cyclic nature of the economy?(50 points) (A 1 ½ -page response is required.)
Nominal Gross Domestic Product (NGDP):The nominal gross domestic product is increasing at the rate of 2.6% annually, while the Real Gross National Product
(RGNP) is rising only 2.3%.
Consumer Price Index (CPI):The Consumer Price Index has been rising at a fraction of a percent per quarter for each of the last four (4) quarters.
Discount Rate:The Federal Reserve has announced a reduction in the discount rate of 0.5% and hinted that further cuts may be forthcoming.
Unemployment Rate:The rate of unemployment is holding steady, although the rate of new claims is declining somewhat.
Sample Solution