The New York Stock Exchange (NYSE), Over-the-counter (OTC) and the National Association of Securities Dealers Automated...
The New York Stock Exchange (NYSE), Over-the-counter (OTC) and the National Association of Securities Dealers Automated Quotations (NASDAQ) operates as a(n):
a. Primary Market
b. All of these selections are correct
c. Closed market that sells to private markets only
d. None of these selections are correct
e. Auction market
Homework Answers
d: None of the selections are correct.
a: Primary market is one in which stocks are available to the public for the first time as a new issue. These are secondary markets.
b: All of these are not correct since they are false.
c: These are not closed markets, rather they are available to the public to trade.
e: Auction market is one in which the buyers indicate the highest price they will pay and sellers indicate the lowest price they will accept. It differs from OTC.
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I need Summary of this Paper i dont need long summary i need
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PLEASE !!!)
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