Question
Questions : Choose a company that seems like it might be a good investment that is, a company that you think will have rising stock
Questions :
Choose a company that seems like it might be a good investment that is, a company that you think will have rising stock prices. Remember, not all companies are public companies. Choose a company listed on the New York Stock Exchange. You can find the company's stock ticker symbol, and complete the other research for this assignment, at Google Finance or the website of the New York Stock Exchange.
(5 points)
Give the name and the ticker symbol of the company you have chosen. Choose this company before you look at the behavior of its stock. Why do you think buying this stock would be a good idea?
(5 points)
If you bought $1,000 of this stock one year ago, how many shares would you own? (Hint: divide $1,000 by the price of the stock one year ago today. You may have to estimate the stock price from the graph. Round number of shares to the nearest whole number.)
(5 points)
What would the current value of your shares be? (Hint: multiply the number of shares you own by the price of the stock today.) How much of a profit or a loss would you have made on your investment during the past year?
(5 points)
Were there major fluctuations in the stock's price over the past year, or has it been relatively steady? What would the best date to sell your stock have been, and why do you think the stock price peaked at that point?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started