You are given $15,000 to invest in stocks. Research current stocks online and choose two in which to split your investment. Fill in the table below, using whole shares only (no fraction or decimal shares). Your total purchase value for the two stocks should be as close to $15,000 as possible. (2 points) Name of Stock Symbol Quantity of Shares Purchased Purchase Price per Share Total Purchase Value Total purchase value for both stocks = ________________ B: Record the daily closing price of your stocks in the table below, either by monitoring your stocks live or by researching the 7-day historical data. (3 points) Name of Stock Closing Price Day 1 Closing Price Day 2 Closing Price Day 3 Closing Price Day 4 Closing Price Day 5 Closing Price Day 6 Closing Price Day 7 C: Determine the total profit or loss if all shares for both stocks are sold at the close of business on day 7. Assume a 1.5% brokerage fee. Show all calculations. (5 points) D: Based on the closing price data for the week, determine the best individual day to sell each stock, and why. Then, determine the total profit or loss if all shares for both stocks are sold at the close of business on their best day instead of on day 7. Assume a 1.5% brokerage fee. Show all calculations. (7 points) Stock Name: ______________________ Stock Name: ______________________ The best day to sell this stock is on day ___ because: The best day to sell this stock is on day ___ because: Calculations: E: Compare the profit or loss if the stocks were sold based on day 7 (part C) to the profit or loss if the stocks were sold on the best day (part D). Which one is the better sale? Explain. (3 points)
