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

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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