Griffin only owns 1000 shares of XYZ stock in his brokerage account. The stock has traded steadily
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Griffin only owns 1000 shares of XYZ stock in his brokerage account. The stock has traded steadily lower. One day, Griffin checks his brokerage account and sees that XYZ stock price is $50; Griffin is shocked since a day earlier it was $5. He checks the value of his account, and is confused, since it hasn't changed. What could be one explanation for this?
Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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