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Staples, Inc. Message Board

  • clamman2 clamman2 Feb 14, 1998 2:41 PM Flag

    Basic Math

    I have some confusion here. Since the software that follows portfolios automatically adjusts for splits, it also changes
    what was the original cost of the stocks. If I bought 50 shares at $38.75, the cost (sans commission) is $1,278. That's what I
    paid. Now it split 3 for 2 and and I have 75 shares. When the software shows what the difference is, it takes the split price
    times 75 to say I paid $1,362 to figure out the loss or gain using the current price. That is totally different from a basic
    spread sheet. I didn't pay 1,362, I paid 1,278 so my spread sheet is always off on stocks with splits from yahoo finance etc.

    Anyone have a comment or solution????
    Thanks in advance.

 
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