
PFIN 5th Edition by Randall Billingsley,Lawrence Gitman,Michael Joehnk
Edition 5ISBN: 978-1305661707
PFIN 5th Edition by Randall Billingsley,Lawrence Gitman,Michael Joehnk
Edition 5ISBN: 978-1305661707 Exercise 9
Rationale for stock exchange listings. Why do you suppose that well-known companies such as apple starbucks, and Facebook prefer to have their shares traded on the NASDAQ rather than on one of the major listed exchanges, such as the NYSE (for which they'd easily meet all listing requirements)? What's in it for them? What would they gain by switching over to the NYSE?
Explanation
Listing of shares:
The initial public o...
PFIN 5th Edition by Randall Billingsley,Lawrence Gitman,Michael Joehnk
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