Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Step 1: You have $10,000 (fictitious of course) to spend in the stock market, you must purchase stocks on June 15, 2020. You must buy

Step 1: You have $10,000 (fictitious of course) to spend in the stock market, you must purchase stocks on June 15, 2020. You must buy at least two different individual corporations stock. You may choose to buy many more if you would like to diversify. Identify which corporations you have purchased, the purchase price on June 15, 2020, and the number of shares of each stock purchased. Keep this information.

Step 2: Record a minimum of 12 different pieces of data from June 15, 2020 to today, August 4,2020 (choose random dates between these dates to check the progress of the stocks you have purchased, dates should be at least 5 days apart). you should have 12 pieces of data that can be recorded so you can verify the progress of each of your stock purchases.

Step 3: Using either a computer program or graph paper, chart the progress of each stock purchase.On the vertical axis you would list the stock price, on the horizontal axis you will list the different dates you chose to record the market price. For each stock that you purchase, you should have 12 dates to record sequentially.

Step 4: On a separate page, calculate the difference between the purchase price of each stock and the day you chose to sell each stock to determine if you lost or made money.

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

Step: 3

blur-text-image

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

More Books

Students also viewed these Accounting questions

Question

3. Explain the forces that influence how people handle conflict

Answered: 1 week ago