Examlex
Which of the following industries is a good example of a natural monopoly?
Transaction Costs
Expenses incurred when buying or selling securities, including broker's fees, commissions, and taxes, which can affect the overall profitability of an investment.
Stock Split
A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the market capitalization remains the same.
Pre-split Price
The pre-split price is the value of a stock before it undergoes a split, affecting the total number of shares in circulation but not the company's market capitalization.
Post-split Price
Post-split price is the share price of a stock after the company has completed a stock split, adjusting the price proportionately to the split ratio.
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