Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

  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). Using MS Excel spreadsheet or MS Word document, put your Week 3 and Week 8 stock prices side-by-side, to show your comparison. (I selected and invested f$10,000 in Google.com; $10,000 in finance.yahoo; and $5,000 in NYSE.com)
  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. Provideyouropinion/assessmentofyourinvestments.Evaluatetheresultsofyourcurrentinvestment.Areyouhappywiththeresultandthetrend?Areyouupsetbecauseyoureinvestmentisworthlessthan$25,000.Feelfreetospeculate/guessatwhyyoubelievethestockincreased,decreased,orremainedstatic.

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_2

Step: 3

blur-text-image_3

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

International Financial Management

Authors: Geert Bekaert, Robert Hodrick

3rd edition

1107111820, 110711182X, 978-1107111820

More Books

Students also viewed these Finance questions

Question

Define liquidity, financial flexibility, and operating capability.

Answered: 1 week ago