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STOCK MARKET ASSIGNMENT Assume you have $100,000 to invest in a financial security. To make the calculations a bit easier, you will simulate purchasing partial
STOCK MARKET ASSIGNMENT
- Assume you have $100,000 to invest in a financial security. To make the calculations a bit easier, you will simulate purchasing partial shares. Your goal is growth: you want to pick a security that you expect will increase in price as much as possible.
- Pick a stock listed on a recognized exchange, or any other financial security that you can find on Google Finance https://www.google.com/finance/.
- Explain why you chose the stock. I am looking for a rational financial reason such as company profitability, analysts' recommendations, growth prospects, etc. I expect to see that you have researched the company. Please tell me the price/earnings ratio and dividend yield.
- Tell me how much you paid per share and how many shares purchased. Do not include any broker's or trading fees.
- Keep your money invested for 6 months using the calendar function in Google finance to get the prices for specific days. Make a copy of the provided google sheet and plug in your data, a graph is already programed into the spreadsheet.
- Sell your stock after 6 months. Record the selling price per share and calculate your profit or loss, both in dollar amounts and a percentage return or loss on your investment. (ROI)
- Save your google sheet as a pdf and upload it for grading.
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