Question
How many shares of Starbucks Corp (SBUX) could have been bought one year ago by dividing $1,000 by the price of the stock one year
How many shares of Starbucks Corp (SBUX) could have been bought one year ago by dividing $1,000 by the price of the stock one year ago today, Round to the nearest whole number. You can use Yahoo Finance to find the stock price of Starbucks Corp (SBUX). You may have to estimate the stock price from the graph. Round the number of shares to the nearest whole number. Then, find out the current value of your shares by multiplying the number of shares you bought by the price of the stock today. Compare that to your initial investment of $1,000. What is Starbucks Corp (SBUX) stock? Why do you think buying this stock would be a good idea? How much would you have made or lost on the investment? Was this expected? Why or why not?
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