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Wanda bought a certificate of deposit and automatically received a free bike. She purchased a
Stock Split
A corporate action in which a company divides its existing shares into multiple shares to increase liquidity.
Reverse Split
A corporate action in which a company decreases the number of its outstanding shares to increase the share price.
Total Market Value
The aggregate valuation of a company or asset in the marketplace, based on current share price and the total number of outstanding shares.
Reasonable Level
A term often used in finance and economics to describe an equilibrium or average measure that is considered acceptable under given conditions.
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