Question
This topic comes from both Chapter 13 and 15. It is an investment topic, but you will need to refer to Chapter 13 to understand
This topic comes from both Chapter 13 and 15. It is an investment topic, but you will need to refer to Chapter 13 to understand stock splits.
You are a financial consultant. Your client owns 200 shares of stock in Nintendo ( stock symbol NTDOY). Nintendo NTDOYLinks to an external site. is a worldwide leader in game development and publishing. Some of its beloved game franchises include familiar names such as Donkey Kong, Pokmon, The Legend of Zelda, and Super Mario Brothers.
On May 10th ,2022 Nintendo announced a 10-for-1 stock split for October 1,2022.
In your own words, explain to your client how this stock split might affect their portfolio of stocks. You will need to do some research on Nintendo's stock split announcement and study the section on stock splits from the book in Chapter 13. The Chapter 13 PowerPoint slides are a good resource. Your message must be professionally written, using the proper voice for your audience. It must be completely free of spelling and grammatical errors. Remember to be thorough, but concise, so a maximum of two paragraphs. Use actual stock prices in your explanation, demonstrate your understanding of the topic and focus on what the client needs.
You must also reply to another student's post. Your reply must be substantive and add to the discussion. Either expand on what the student stated in their post, give them polite constructive feedback or ask them a question about their answer.
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