Which of the following statements about listing on a stock exchange is most CORRECT?
A) Listing is a decision of more significance to a firm than going public.
B) Any firm can be listed on the NYSE as long as it pays the listing fee.
C) Listing provides a company with some "free" advertising, and it may enhance the firm's prestige and help it do more business.
D) Listing reduces the reporting requirements for firms, because listed firms file reports with the exchange rather than with the SEC.
Correct Answer:
Verified
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