Traders on the floor of the American Stock Exchange sell securities for what types of businesses and based on what value?
A) large, established U.S. companies; market value
B) midsized growth companies; par value
C) prominent high-tech firms; book value
D) midsized growth companies; market value
E) large, established U.S. companies; book value
Answer: D
Explanation: D) The American Stock Exchange lists about 1,000 stocks primarily for U.S. and foreign midsized growth companies. Market value is the price at which a stock is currently selling.
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