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Cross-sectional data can never be used to approximate longitudinal data.
Stock Split
A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which may lower the stock price and make shares more affordable to investors.
Market Value
The present cost at which a service or asset is available for purchase or sale on the open market.
Stock Price
The cost at which a share of stock is bought or sold in the market, influenced by various economic factors.
Stock Split
A corporate action whereby a company increases the number of its shares to reduce the price of each share, making them more affordable to investors without changing the shareholders' equity.
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