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    Stocks, equity, dividends

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    What are three U.S. stock exchanges where equities are publicly traded?
    - Why may a stock split not be of great value to existing shareholders?
    - How can a dividend policy be amended to address shareholders' expectations of increasing returns?

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    The three stock exchanges are New York Stock Exchange (NYSE), The American Stock Exchange (AMEX), and the National Association of Securities Dealers Automated Quotations (NASDAQ).

    It may not be good for current holders because a stock split just increases the number of stocks at a lower rate rather than increases the price of the stock when the split happens. For ...

    Solution Summary

    Short discussions on the stocks markets, stock splits and investors, and dividend expectations are provided in the solution.