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Another hitch is that the discount does not necessarily apply to each hotel's best available rate; at some hotels, it can only be used with the "bed and breakfast" rate, which may be higher.
The trend in recent years has been towards ever-larger discounts: 15% might be typical in the 1990s, but 30% or higher is now common.In principle a big discount does not matter to shareholders if they all take up the rights to new shares in full.
Suddenly that 50 percent discount doesn't seem like such a bargain.
"When you're trying to save money, a discount doesn't hurt," said Lauren E. LaRusso, 25, a graduate student in education at the University of Pennsylvania.
A falling discount doesn't mean a price recovery is around the corner, but it does suggest a stabilizing market.
The discount doesn't apply to outside groups.
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What sort of discount do you get for prepaying part of the tuition each year?
Yet in this case, the deeper discount didn't make an impact.
However, answered questions and discount do not have significant moderation effect on the relationship between review rating and sales rank.
Fidelity even repurchased 10% of the fund's outstanding shares, but the discount didn't narrow.
The minority shareholders, having watched their shares trade for years at a substantial discount, did approve the deal.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com