If you want to trade stocks on the floor of the new york, Financial Management

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If you want to trade stocks on the floor of the new york

If you want to trade stocks on the floor of the New York Stock Exchange, you must purchase a “seat,” which is really a license to buy or sell stocks. Can you explain why the price of such seats rose sharply in the 1980s and early 1990s but have been declining rapidly in recent years?

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Financial Management: If you want to trade stocks on the floor of the new york

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