The three selected public companies are 1. Wal-Mart stores 2. AT&T 3. COSTCO The
ID: 2709798 • Letter: T
Question
The three selected public companies are
1. Wal-Mart stores 2. AT&T 3. COSTCO
The initial invest is as follows:
Indicate the amount you are investing in each company: Decide how you will divide the $25,000 across the three (3) 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 WalMart because that company gets a lot of your money and you hear that WalMart is doing well, and will continue to do well.
WALMART: $8,000 – I shop here almost every day and I like the cost of the products
AT&T: $6,000 – I like their product, as well as the service is perfect for me and my husband.
COSTCO: $11,000 - I am a frequent shopper because I like the variety of brand names they carry
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.
WALMART: 38.72 a share. Buying 238 shares for a total of 9,215.36
AT&T: 32.88 a share. Buying 165 shares at 5,458.08
COSTCO: 72.64 a share. Buying 142 shares for a total of 10,314.88
Record the value of the stock in each company.
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?
Explanation / Answer
Please provide details if any given about the dates of investment and what is the intention behind this assignment? I am unable to catch the desired anwer from us.
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