Stocks on the NYSE Companies whose stocks are listed on

Chapter 5, Problem 37E

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QUESTION:

Problem 37E

Stocks on the NYSE Companies whose stocks are listed on the New York Stock Exchange (NYSE) have their company name represented by either one, two, or three letters (repetition of letters is allowed). What is the maximum number of companies that can be listed on the New York Stock Exchange?

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QUESTION:

Problem 37E

Stocks on the NYSE Companies whose stocks are listed on the New York Stock Exchange (NYSE) have their company name represented by either one, two, or three letters (repetition of letters is allowed). What is the maximum number of companies that can be listed on the New York Stock Exchange?

ANSWER:

Solution:

Step 1 of 2:

The companies which are listed on the New York Stock Exchange (NYSE) have their company name represented by either one, two, or three letters (repetition of letters is allowed).

We have to find the maximum number of companies that can be listed on the New York Stock Exchange.


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