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5. 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 status as a listed company may enhance the firm's prestige.d.Listing reduces the reporting requirements for firms, because listed firms file reports with the exchange rather than with the SEC.e.Statements b and c are both correct.
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