单选题 (I) The largest of the organized stock exchanges in the United States is the New York Stock Exchange. (II) To be listed on the NYSE, a firm must have a minimum of $100 million in market value or $10 million in revenues.

A、 (I) is true, (II) false.
B、 (I) is false, (II) true.
C、 Both are true.
D、 Both are false.
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单选题 Securities not listed on one of the exchanges trade in the over - the - counter market. In this exchange, dealers "make a market" by

A、buying stocks for inventory when investors want to sell.
B、selling stocks from inventory when investors want to buy.
C、doing both of the above.
D、doing neither of the above.

单选题 (I) Preferred stockholders hold a claim on assets that has priority over the claims of common stockholders. (II) Bondholders hold a claim on assets that has priority over the claims of preferred stockholders.

A、(I) is true, (II) false.
B、(I) is false, (II) true.
C、Both are true.
D、Both are false.

单选题 Preferred stockholders hold a claim on assets that has priority over the claims of

A、both common stockholders and bondholders.
B、neither common stockholders nor bondholders.
C、common stockholders, but after that of bondholders.
D、bondholders, but after that of common stockholders.

单选题 (I) Preferred stockholders hold a claim on assets that has priority over the claims of common stockholders, but after that of bondholders. (II) Firms issue preferred stock in far greater amounts than common stock.

A、(I) is true, (II) false.
B、(I) is false, (II) true.
C、Both are true.
D、Both are false.

单选题 The riskiest capital market security is

A、preferred stock.
B、common stock.
C、corporate bonds.
D、Treasury bonds.

单选题 (I) Firms issue common stock in far greater amounts than preferred stock. (II) In a given year, the total volume of stock issued is much less than the volume of bonds issued.

A、(I) is true, (II) false.
B、(I) is false, (II) true.
C、Both are true.
D、Both are false.

单选题 To list on the NYSE, a firm must

A、have earnings of at least $10 million per year.
B、have at least $500 million in outstanding debt.
C、have a total of $100 million in market value.
D、meet all of the above requirements.
E、meet A and C of the above requirements.

单选题 (I) A share of common stock in a firm represents an ownership interest in that firm. (II) A share of preferred stock is as much like a bond as it is like common stock.

A、(I) is true, (II) false.
B、(I) is false, (II) true.
C、Both are true.
D、Both are false.