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Topic: Business
Number of pages / Number of words: 4 / 1056
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Exhibit 4 provides various choices of comparable firms. What comparable firms do you recommend as the appropriate benchmark for evaluating the risk of Ameritrade’s planned advertising and technology investments?

Because Ameritrade is a deep discount broker, it earns most of its revenue from brokerage transactions and interest income while full service brokers have diverse source of revenue, which usually includes consistent management fees...


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Exhibit 4 provides various choices of comparable firms. What comparable firms do you recommend as the appropriate benchmark for evaluating the risk of Ameritrade’s planned advertising and technology investments?

Because Ameritrade is a deep discount broker, it earns most of its revenue from brokerage transactions and interest income while full service brokers have diverse source of revenue, which usually includes consistent management fees...


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