To Be Listed on the NYSE, a Firm Must Have

question 103

Multiple Choice

To be listed on the NYSE, a firm must have at least:

• A)2,500 shareholders.
• B)100,000 shares traded on an average day.
• C)1.5 million shares held by the public.
• D)$75 million in market value for an IPO.
• E)pre-tax aggregate earnings of $10 million in the previous 3 years.

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Definitions:

Participants

Individuals who take part in something, especially in an experiment or study.

Decision Making

The cognitive process of selecting a course of action among several alternatives to achieve a desired outcome.

Reasoning

refers to the cognitive process of looking for reasons, engaging in logical thinking, and arriving at conclusions based on premises.

System II Thinking

A cognitive process that involves analytical, effortful, and logical thinking as opposed to quick, instinctual, and often biased System I thinking.