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Wanda Bought a Certificate of Deposit and Automatically Received a Free

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Wanda bought a certificate of deposit and automatically received a free bike. She purchased a


Definitions:

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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