Question
1) Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index? Price per Share Shares
1) Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index?
Price per Share | ||||||||||||
Shares Outstanding | Beginning of Year | End of Year | ||||||||||
Kirk, Inc. | 37,000 | $ | 53 | $ | 57 | |||||||
Picard Co. | 27,000 | 79 | 84 | |||||||||
Round intermediate steps and your final answer to four decimals. Enter your answer in decimal format ( EX: XXXX).
2) You want to sell 600 shares of DEF stock at the going market price after the stock reaches $42 a share. Which type of order should you place?
stop | ||
limit | ||
market | ||
good-'til canceled market |
3) Which of the following order types could be used to mitigate potential losses from a short sale?
limit sell order | ||
stop loss order | ||
stop buy order | ||
market sell order |
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