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In a traditional stock split, the number of shares increases by the split ratio and share price decreases by the inverse of that ratio. For example, you own 100 shares of XYZ at $100 and a 2:1 split occurs. The post split position will be 200 shares at $50. The value of the position is unchanged since 100 x $100 = 200 x $50. To reverse engineer the data,...


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Today's (02/08/2020) New York Times has an article which addresses this question. The electronic version has the title More States Require Students to Learn about Money Matters. Author is Ann Carrns. The article states that as of now, 21 states require some sort of personal finance course for high school students to graduate, up from 17 states two years ...


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Bank of America is the party that closed your account, so you need to talk to Bank of America. Specifically, you should speak with the department that they tried to transfer you to in the first place—risk management.


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There is actually a good reason to be buying at the slightly discounted rate. Because there is an open offer to buy shares for more than the stock market price, buying in a large enough volume can turn a net profit. In fact, an investment in the hundreds of euros would have turned enough of a profit to cover the related fixed fees. This is of course ...


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There's no way to definitively say why people were buying or selling at X, but here's a few possibilities: A merger may take months to complete, so rather then holding stock that's already priced slightly below the merger price, accept a small haircut and reinvest the proceeds in other stocks that will have higher returns There is a risk that the merger ...


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why don't they just say "The numbers below include fees" or "don't include"?! Because these are accounting documents, and the terms accountants use are "gross" and "net". Think, for example, of your paycheck. Your gross pay is your rate multiplied by hours (plus bonuses, etc). Your pay net taxes is what you get after taxes are deducted. Your net pay is ...


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