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You have been contemplating buying stocks on the stock market and have received the following offers from a broker. A. Shares of CRT stock at
You have been contemplating buying stocks on the stock market and have received the following offers from a broker.
A. Shares of CRT stock at $50.00 per share
B. Shares of ADF stock at $9.50
i. Analyze the feasibility of investment in either of the stocks at the present time (4 marks)
ii. Indicate the TWO (2) most liquid stocks from the table above (2 marks)
iii. From the table above name ONE (1) stock that
a. Advanced
b. Traded firm
Company / Volume Close stocks price $ ADF 290,000 11.30 CRT 5,000 37.50 RED 55,000 32.50 OQS 240,000 6.51 UHG 30,000 9.38 EAD 110,000 3.36 QIN 6,000 6.80 ZQI 10,000 4.57 FUG 11,000 6.80 HFR 35,000 8.80 Change $ Closing Bid $ 0.00 11.30 0.00 36.50 -4.10 32.00 -0.32 6.50 -0.13 9.30 0.07 3.35 0.00 6.00 0.04 4.50 0.00 6.50 0.00 8.70 Closing Ask $ 11.31 47.10 33.00 6.52 9.50 3.38 89.00 4.65 7.20 9.95Step by Step Solution
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