Determine how many shares you can buy

Assignment Help Finance Basics
Reference no: EM131147902

JOURNAL

1. Indicate the companies you are investing in: Select three US companies that are publicly traded. Please use your knowledge and experience and pick, as many stocks as you'd like. Lastly, make sure you are practicing good diversification. Jim Cramer, Money Manger, on CNBC, plays a game at the end of his show called "Am I Diversified." Check out a short clip to get a sense of industry diversification at https://www.youtube.com/watch?v=f3lDxexupcE.

2. Sources of Information: There are many ways to find such companies and the stock prices, including the New York Stock Exchange at https://www.nyse.com, Google Finance at https://google.com, NASDAQ at https://www.nasdaq.com, and https://finance.yahoo.com.

3. Indicate the amount you are investing in each company: Decide how you will divide $25,000 across the three companies; e.g. $10,000 in Company 1, $10,000 in Company 2, and $5,000 in Company 3. You decide the amount you are investing in each company. You do not have to provide any analysis to justify your decisions. You must only provide some reason for picking that company. For example, you might invest in Ford because that company gets a lot of your money and you hear that Ford is doing well, and will continue to do well.

4. Indicate the number of shares you are buying, and the price of the shares you are buying for each company: Once you decide the companies and the amount for each company, determine how many shares you can buy. If Company 1 is selling for $42.16, then you may buy $10,000/ $42.16, or 237.19 shares. But you cannot buy a part of a share, so you decide to buy either 237 or 238. In this example you buy 237 shares, at $42.16 per share, investing $9,991.92. You won't be able to buy exactly $10,000, or $5,000, or $25,000, but it will be relatively close.

Reference no: EM131147902

Questions Cloud

Derive a formula for the time to empty the tank : A swimming pool W by Y by h deep is to be emptied by gravity through the long pipe shown in Fig. P6.54. Assuming an average pipe friction factor fav and neglecting minor losses, derive a formula for the time to empty the tank from an initial level..
Consumer decision-making process : When purchasing products, consumers generally follow the consumer decision-making process. Review this process in your text. Then think of a product you purchased that involved extensive decision making. Name the product and describe your experience ..
Determine whether condensation occurs : Suppose that the duct's square cross-section is 0.3 m by 0.3 m and the effective outside heat transfer coefficient is 5 W/m2K in still air. Determine whether condensation occurs.
Power consumption has risen from the usual level : You are a quality manager. On one of your company’s product lines, a report shows that power consumption has risen from the usual level of 35.5 W to a level of 35.9 W. This difference is, without a doubt, statistically significant. However, the line ..
Determine how many shares you can buy : Indicate the number of shares you are buying, and the price of the shares you are buying for each company: Once you decide the companies and the amount for each company, determine how many shares you can buy.
About the beer map and shampoo map : For (1( beer and (2) shampoo products that you are familiar with, develop positioning (perceptual) maps that reflect your knowledge of paticular products in these categories. Include for products in both your beer map and shampoo map. Below each map ..
What is the maximum roof area that can be drained : The gutter is designed for a sudden rainstorm of up to 5 inches per hour. For this condition, what is the maximum roof area that can be drained successfully?
Calculate the signal to noise for the entire data set : Measure x, then y, then z and then rezero the calipers and repeat. The x-axis will be in the direction of the lettering. The y-axis is orthogonal to the lettering and the z-axis is the thickness of the block. Look at all the data to identify any..
Razor incorporated case study : e-Razor, Incorporated After four years as a new start-up, e-Razor has expanded its line of programmable razors to include both linear and rotary models, as well as women"s and teenagers" Marketing would like to see the programmable functions extended..

Reviews

Write a Review

Finance Basics Questions & Answers

  Potential customers for product or service

Who could be your potential customers for this product or service? Who could be your potential competitors for this product or service?

  Setting price by marking up cost inherently circular

RoverPlus, a pet superstore, is planning pricing a new RoverPlus labeled dog food. The company will purchase premium dog food from a company in Indiana that packs product with a RoverPlus label.

  What is the value of a share of gillete stock

The value of Gillete's stock is? (in dollars) (Round to the nearest cent.).

  Technique that would enhance working capital management

Analyze cash management technology and make at least one recommendation for another technique that would enhance working capital management. Explain the reasoning behind your recommendation.

  What is the nal of the lease

The machine has an estimated residual value of $250,000 at the end of the 4th year.

  Degree of operating leverage

The Harley Health Club has asked you to review aspects of its financial condition, specifically its break even point and its use of leverage.

  Why does money have a time value

Why does money have a time value? Can you provide at least one real-life scenario in which you can apply the concept of "time value of money?"

  What is the required rate of return for olter in terms of

olter inc. is starting its risk management program for the company and has asked for your help in determining critical

  What are the pros and cons of the international sales plan

Taking all factors into account, should the company pursue international sales further? Why or why not?

  What are the advantages of futures contracts as compared

What are the advantages of futures contracts as compared to currency forward agreements?

  Use quantitative analysis to solve the problem

Many times managers need to make decisions on what machine to purchase and how to finance it. Assume you are in the market for a new car for your business.

  What is the aftermarket price in the first day of trading

What was the offering price? What was the aftermarket price in the first day of trading? Analyze 3 months of daily closing prices of the stock and discuss if the offering price was fairly valued or not.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd