Question
Assume you have $100,000 to invest in the stock market. Invest as close to $100,000 as possible. However, since you cannot buy part of a
Assume you have $100,000 to invest in the stock market. Invest as close to $100,000 as possible. However, since you cannot buy part of a share, you will not be able to spend exactly $100,000. Your goal is growth: you want to pick stocks that you expect will increase in price as much as possible. 2. Pick one or more stocks listed on the New York Stock Exchange or NASDAQ. You cannot choose either Apple or Google, but any other stock choice is acceptable. 3. Explain why you chose the stock (or stocks). I am looking for a rational financial reason such as company profitability, analysts recommendations, growth projects, etc. I expect to see that you have researched the company. You need to show financial data on this company to support your buying decision. 4. Tell me how much you paid per share and how many shares you bought of each stock. Do not include any brokers or trading fees. 5. Keep your money invested for 10 consecutive trading days (the stock exchanges are closed on the weekends.) Develop a graph showing the daily closing price for the 10-day period. The days should be on the horizontal axis and the price on the vertical axis. 6. Sell your stock on the 10th trading day. Cite the selling price per share and calculate your profit or loss, both in dollar amounts and a percentage return or loss on your investment. (ROI)
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