Answered step by step
Verified Expert Solution
Question
1 Approved Answer
THE DATE OF THE SEMESTER IS a January 5th to APRIL 29th 2020. Thank you! Stock Market Project You have just received a virtual inheritance
THE DATE OF THE SEMESTER IS a January 5th to APRIL 29th 2020. Thank you!
Stock Market Project You have just received a virtual inheritance of $90,000 to invest in the stock market. Your challenge is to earn as much money as you can between now and the end of the semester. The three students who earn the most money (have the highest percentage increase) will win the challenge and receive extra credit. Here are the rules: 1. Take the money and purchase as many stocks as you like. You may not purchase partial shares. Try to spend as close to the $90,000 as possible. Print out a stock quote from the day on which you decide to buy the shares for each stock you purchase. You may ignore commissions and brokerage fees. 2. At the end of the semester, calculate the total percentage change of your portfolio. Again, print out stock quotes on the day you decide to sell and ignore brokerage fees and commissions. 3. You may buy and sell as many times as you want during the semester as long as you document the sales/purchase price with printouts of stock values and write up each transaction. At the conclusion of the semester, write up the results of your investment(s) including stock quotes from the buy and sell days. Include a description of the price you paid, the number of shares you purchased, the price you sold for, etc. Make sure to tell me the total absolute change and the total percentage change in your portfolio, as well as anything interesting you learned. Stock Market Project You have just received a virtual inheritance of $90,000 to invest in the stock market. Your challenge is to earn as much money as you can between now and the end of the semester. The three students who earn the most money (have the highest percentage increase) will win the challenge and receive extra credit. Here are the rules: 1. Take the money and purchase as many stocks as you like. You may not purchase partial shares. Try to spend as close to the $90,000 as possible. Print out a stock quote from the day on which you decide to buy the shares for each stock you purchase. You may ignore commissions and brokerage fees. 2. At the end of the semester, calculate the total percentage change of your portfolio. Again, print out stock quotes on the day you decide to sell and ignore brokerage fees and commissions. 3. You may buy and sell as many times as you want during the semester as long as you document the sales/purchase price with printouts of stock values and write up each transaction. At the conclusion of the semester, write up the results of your investment(s) including stock quotes from the buy and sell days. Include a description of the price you paid, the number of shares you purchased, the price you sold for, etc. Make sure to tell me the total absolute change and the total percentage change in your portfolio, as well as anything interesting you learnedStep 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