Which of the following is true of stock exchanges? Question 7Select one: a. Each exchange establishes its own requirements for the securities it lists. b. Apart from the annual fee, exchanges do not require firms to pay any other fee for the stock listing. c. Electronic trading began with the establishment of the over-the-counter market. d. The stocks of privately traded corporations are listed and traded on these exchanges.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 7QTD
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Which of the following is true of stock exchanges?

Question 7Select one:

a.
Each exchange establishes its own requirements for the securities it lists.
b.
Apart from the annual fee, exchanges do not require firms to pay any other fee for the stock listing.
c.
Electronic trading began with the establishment of the over-the-counter market.
d.
The stocks of privately traded corporations are listed and traded on these exchanges.
 
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