contestada

(I) The largest of the organized stock exchanges in the United States is the New York Stock Exchange.
(II) To be listed on the NYSE, a firm must have a minimum of $100 million in market value or $10 million in revenues.
A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.

Respuesta :

Answer:

A) (I) is true, (II) false.

Explanation:

NYSE is located in Wall Street in New York City and is the most liquid and the largest cash stock exchange. Its market capitalisation is 28 Trillion dollars. At the time of its beginning there were only five securities, two stocks and three government  bonds.

If a company wants to enlist itself on NYSE it must have at least 400 shareholders, each owning more than 100 shares of stock. It also must have 1.1 million shares of publicly traded stock, market value of its public shares should be of at least 40 million dollars.

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