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We study factors influencing individuals' decisions to purchase Citibank stock during the 1920s. Citibank stock had a very high price per share and was only an investment option for wealthy people. The willingness to own shares was encouraged by proximity to New York, but constraints related to...
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Stock market reactions in regards to positive, negative and constant dividend announcement have been empirically studied in financial literature. However, we have not seen any direct comparison between two large stock markets using the data from the same period. We have not seen many researches...
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