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Bundle: Fundamentals of Financial Management, Concise Edition, Loose-leaf Version, 9th + Aplia, 1 term Printed Access Card
9th Edition
ISBN: 9781337089241
Author: Eugene F. Brigham, Joel F. Houston
Publisher: Cengage Learning
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Question
Chapter 2, Problem 8Q
Summary Introduction
To explain: The difference between the two U.S. stock exchanges.
Introduction:
NY stock exchange: NY stock exchange is a U.S. stock exchange, founded in 1792 by intercontinental exchange, to buy and sell the securities and provide a direct connection between buyer and seller.
NASDAQ: NASDAQ is an A country exchange, founded in 1971, to trade the stocks of telecommunication platform and provide a virtual connection between buyer and seller.
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Chapter 2 Solutions
Bundle: Fundamentals of Financial Management, Concise Edition, Loose-leaf Version, 9th + Aplia, 1 term Printed Access Card
Ch. 2 - How does a cost-efficient capital market help...Ch. 2 - Describe the different ways in which capital can...Ch. 2 - Prob. 3QCh. 2 - Prob. 4QCh. 2 - Prob. 5QCh. 2 - Prob. 6QCh. 2 - Differentiate between dealer markets and stock...Ch. 2 - Prob. 8QCh. 2 - Briefly explain what is meant by the term...Ch. 2 - Explain whether the following statements are true...
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- Explain how the stock market operates, and list the distinctions between the different types of stock markets. Explain how the stock market has performed in recent years.arrow_forwardThe toppest stock exchange market in the world is Select one : a . Shanghai stock exchange b . Nasdaq Stock exchange c . London stock exchange d . Newyork Stock exchangearrow_forwardWhat are some similarities and differences between the NYSE and theNASDAQ Stock Market?arrow_forward
- What do you know about stock exchange, discuss its main functions. How to invest in the stock exchange? please explain.arrow_forwardExplain the role of secondary markets in trading securities and describe how exchanges, such as the New York Stock Exchange, help facilitate the process.arrow_forwardWhich of the following sell stock on an organized stock exchange such as the New York Stock Exchange? A. publicly traded companies B. not-for-profit businesses C. governmental agencies D. privately held companies E. government-sponsored entitiesarrow_forward
- Which of the following sell stock on an organized stock exchange such as the New York Stock Exchange? publicly traded companies not-for-profit businesses governmental agencies privately held companies government-sponsored entitiesarrow_forwardDescribe some similarities and differences among broker-dealer networks,alternative trading systems (ATS), and registered stock exchanges.arrow_forwardHow does the information that a registered stock exchange mustdisplay and report differ from that of an ATS?arrow_forward
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