Question 1
invest $2000. record number of shares and price. have to assume the broker wants 3% commission on both purchase and sale.
Record and make a excel or other application to keep up with daily activity of the stock or mutual fund for the last 8 weeks. column headings are date, price per share, number of shares, value of stock and percent increase or decrease. sell stock and record the amount of the sale and commission.
Indicate the profit or loss of investment.
Write a one page paper for summary and transactions.
The stock company is Apple.
Question 2
Your firm represents Clunkers, Inc., a small rental corporation incorporated in your state. The firm has 10 shareholders, each owning 1000 shares of stock. Perform research to determine the appropriate documents that must be filed to dissolve the corporation. Prepare the documents. You can take some artistic license with names and addresses in the documents.
Question 3
- cord the current price of the stock for each company you selected in Week 3’s Stock Journal. You may use any price during this week (e.g., day one price, the opening, the low, the high, the close, or any price you find when you check it during the day). Using a MS Excel spreadsheet or MS Word document, put your Week 8 and Week 10 stock prices side-by-side, to show the comparison.
- Determine the total value of your investment.
- Provide your final opinion / assessment of your investments. Did you make money or lose money? Discuss your results and, based on hindsight, describe what you would do differently.
- Discuss what you learned from this assignment. Do you believe this assignment will help you in the future in any way?
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