In teams of two or three students, select three companies you believe may be profitable shortterm investments. Determine the current market prices for those companies' stocks from today's newspaper and the market prices six months ago. Calculate the gain or loss that your team would have recorded if it had purchased 500 shares of each company's stock six months ago and sold all of the shares today. Write a short memo to your instructor describing why you selected those companies and why you believe the market prices of their stocks increased or decreased. Also, be prepared to describe your analysis to the class.

With one or two other students, go to the library and locate Statement of Financial Standards