Paragraph Styles You have $50,000 dollars. You are required to purchase "common stock" in 5 (five) different companies of your choosing. The company's stock must trade on either the New York Stock Exchange or NASDAQ. Ten thousand ($10,000) will be spend on each company. As with the stock Market, stock must be purchase in Blocks. Ten (10) shares of stock is one block of stock. 10 shares = 1 Block For example, suppose Microsoft is your first selection and on the date of purchase. It sold for $36.17 dollars per share. By dividing $10,000/ $36.17 = 276.47. Thus, you're able to purchase 27 Blocks of stock or 270 shares of Microsoft stock. This process is to be followed for each or your selections You will be using the closing stock price for the dates assigned to you This information is provided to you in "Course Information" Under "Stock Directions". The entire semesters dates are provided to you. You will be able to ascertain the stock values from the following site. www.marketwatch.com. In "Course Information" you will find PowerPoint slides to demonstrate how toOtilize this site. Since there are some companies who stock trades after hours. You will need to know how to do a 'historical quote". The PowerPoints slides demonstrates this method. You will purchase your stock on May 26, 2022, using the closing stock prices for that specific day. This assignment will encompass you submitting your Initial Investment Report, Eight Weekly Reports and a Final Performance Analysis, when you sell the stock on April 30, 2021. You have been provided examples of how each of these reports will be displayed. You are also required to use the form provided to you in "Course Information" You will notice that on your Initial Investment entry. The Purchase Price and the Current Value Price are identical. Purchase price is constant thru the assignment. You only determine value when the stock is sold. The date you will use on each report will be the date of the closing stock prices, Not the due date of the assigned report Finally, for those whose portfolio earns $1,500 and the end, will receive 500 bonus points