Almost on a daily basis, we hear or see what the Dow Jones Industrial Average is at that time. The Dow Jones is a stock market index that measures the stock performance of 30 large "blue chip companies listed on the stock exchanges in the U.S. The value of the index is the sum of the companies in the index divided by a factor. The belief is that the Dow 30 represents a strong assessment of the stock market's overall health and tendencies. Assignment:DUE: Sun. Oct 11 (11:59pm.) You are given $500 to invest in one of the 30 corporations listed below for two weeks. (Thurs. Sept. 24- Wed. Oct. 7) Pick one of the thirty corporations and as many shares(1-3) as you can buy for that amount. Then follow your daily stock price for two weeks and insert in the table below Th F Sat Sun M T W Th F Sat Sun M T W Now suppose you don't want to invest the money in stocks, but would rather deposit it in a savings account in a bank where the interest is being compounded continuously for the two weeks. (Use A = Pert) r=% rate (as decimal) t= # years to find the amount with interest at the end of the two weeks. ANSWER the following questions. RUBRIC (5 pts @) 1) Discuss why you picked your particular company. 2) _Table is completed accurately. 3) State which bank you used and the rate given for interest along with your calculation for the new amount after two weeks. 4) Find the final % increase or decrease for each method (stocks /banking) in the two weeks. 5) Based on your findings, explain the benefits and the disadvantages of both methods and which one you would use if you were REALLY given $500 TOTAL: Points Grade: Nike Inc (NKE) ncial Summary UVETVIEW Historical Data Technical Ne T Tancia Suary UITca Daily 09/23/2020 - 10/07/2020 Date Price Open High L Oct 07, 2020 130.06 128.40 130.37 127.65 128.13 130.41 127.91 127.07 128.50 126.64 124.35 126.80 126.64 127.73 127.73 125.54 126.18 127.28 Oct 06, 2020 Oct 05, 2020 Oct 02, 2020 Oct 01, 2020 Sep 30, 2020 Sep 29, 2020 Sep 28, 2020 Sep 25, 2020 Sep 24, 2020 Sep 23, 2020 126.35 124.26 127.08 124.32 125.21 126.17 124.23 123.65 124.75 124.75 125.67 127.50 127.11 130.20 130.20 Highest: 130.41 Lowest: 122.27 Difference: 8.14 Average: 126.47 Change %: 11.29 Nike Inc (NKE) ncial Summary OVERVIEW Historical Data Technical Ne T TanCTAI Summary Thistorical Daily 09/23/2020 - 10/07/2020 Date Low Vol. Change % Oct 07, 2020 128.40 4.39M 1.89% 127.32 5.98M -0.20% 126.45 8.27M 1.00% Oct 06, 2020 Oct 05, 2020 Oct 02, 2020 Oct 01, 2020 Sep 30, 2020 123.59 7.49M 0.00% 125.37 5.64M 0.88% 125.17 8.70M -0.64% Sep 29, 2020 123.96 7.80M 1.63% Sep 28, 2020 123.89 7.52M 0.07% 122.27 9.18M -0.42% Sep 25, 2020 Sep 24, 2020 Sep 23, 2020 13.49M -1.86% 123.37 125.28 37.82M 8.76% Highest: 130.41 Lowest: 122.27 Difference: 8.14 Average: 126.47 Change %: 11.29 Almost on a daily basis, we hear or see what the Dow Jones Industrial Average is at that time. The Dow Jones is a stock market index that measures the stock performance of 30 large "blue chip companies listed on the stock exchanges in the U.S. The value of the index is the sum of the companies in the index divided by a factor. The belief is that the Dow 30 represents a strong assessment of the stock market's overall health and tendencies. Assignment:DUE: Sun. Oct 11 (11:59pm.) You are given $500 to invest in one of the 30 corporations listed below for two weeks. (Thurs. Sept. 24- Wed. Oct. 7) Pick one of the thirty corporations and as many shares(1-3) as you can buy for that amount. Then follow your daily stock price for two weeks and insert in the table below Th F Sat Sun M T W Th F Sat Sun M T W Now suppose you don't want to invest the money in stocks, but would rather deposit it in a savings account in a bank where the interest is being compounded continuously for the two weeks. (Use A = Pert) r=% rate (as decimal) t= # years to find the amount with interest at the end of the two weeks. ANSWER the following questions. RUBRIC (5 pts @) 1) Discuss why you picked your particular company. 2) _Table is completed accurately. 3) State which bank you used and the rate given for interest along with your calculation for the new amount after two weeks. 4) Find the final % increase or decrease for each method (stocks /banking) in the two weeks. 5) Based on your findings, explain the benefits and the disadvantages of both methods and which one you would use if you were REALLY given $500 TOTAL: Points Grade: Nike Inc (NKE) ncial Summary UVETVIEW Historical Data Technical Ne T Tancia Suary UITca Daily 09/23/2020 - 10/07/2020 Date Price Open High L Oct 07, 2020 130.06 128.40 130.37 127.65 128.13 130.41 127.91 127.07 128.50 126.64 124.35 126.80 126.64 127.73 127.73 125.54 126.18 127.28 Oct 06, 2020 Oct 05, 2020 Oct 02, 2020 Oct 01, 2020 Sep 30, 2020 Sep 29, 2020 Sep 28, 2020 Sep 25, 2020 Sep 24, 2020 Sep 23, 2020 126.35 124.26 127.08 124.32 125.21 126.17 124.23 123.65 124.75 124.75 125.67 127.50 127.11 130.20 130.20 Highest: 130.41 Lowest: 122.27 Difference: 8.14 Average: 126.47 Change %: 11.29 Nike Inc (NKE) ncial Summary OVERVIEW Historical Data Technical Ne T TanCTAI Summary Thistorical Daily 09/23/2020 - 10/07/2020 Date Low Vol. Change % Oct 07, 2020 128.40 4.39M 1.89% 127.32 5.98M -0.20% 126.45 8.27M 1.00% Oct 06, 2020 Oct 05, 2020 Oct 02, 2020 Oct 01, 2020 Sep 30, 2020 123.59 7.49M 0.00% 125.37 5.64M 0.88% 125.17 8.70M -0.64% Sep 29, 2020 123.96 7.80M 1.63% Sep 28, 2020 123.89 7.52M 0.07% 122.27 9.18M -0.42% Sep 25, 2020 Sep 24, 2020 Sep 23, 2020 13.49M -1.86% 123.37 125.28 37.82M 8.76% Highest: 130.41 Lowest: 122.27 Difference: 8.14 Average: 126.47 Change %: 11.29
