Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Click Create Journal Entry above to get started. Please note that this assignment is based on a pretend scenario and fictitious money. However, the assignment

Click Create Journal Entry above to get started.

Please note that this assignment is based on a pretend scenario and fictitious money. However, the assignment is based on actual stock pricing in real time situations. Do not invest your personal money for this assignment.

You may be following your stock every day, but if youre not, for Week 8 you must:

  1. Record the current price of the stock for each company you selected in Week 3s Stock Journal. You may use any price during this week (e.g., day one price, the opening, the low, the high, the close, or any price you find when you check it during the day).
  2. Determine the current value of your total investment. Do not make any changes to your investment at this time. Calculate your total based on the number of shares and the new price per share, for each company.
  3. Provide your opinion / assessment of your investments. Evaluate the results of your current investment. Are you happy with the result and the trend? Are you upset because youre investment is worth less than $25,000. Feel free to speculate / guess at why you believe the stock increased, decreased, or remained static.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investments

Authors: Zvi Bodie

12th Edition

1260819426, 9781260819427

More Books

Students also viewed these Finance questions