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  • Mutualshare Investmentclub

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    A club sold shares to raise $3,000 to invest in at least 3 companies. The club must invest the full $3,000 across 65 shares of Big Box Stores at $20 per share, 80 shares of Biotech Industries at $10 per share, and 60 shares of Giant Auto at $10 per share. After one year, the prices changed and the total value was $3,035, so the club gained $35.

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    mutualshare-investmentclub

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    A club sold shares to raise $3,000 to invest in at least 3 companies. The club must invest the full $3,000 across 65 shares of Big Box Stores at $20 per share, 80 shares of Biotech Industries at $10 per share, and 60 shares of Giant Auto at $10 per share. After one year, the prices changed and the total value was $3,035, so the club gained $35.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views1 page

    Mutualshare Investmentclub

    Uploaded by

    api-267915955
    A club sold shares to raise $3,000 to invest in at least 3 companies. The club must invest the full $3,000 across 65 shares of Big Box Stores at $20 per share, 80 shares of Biotech Industries at $10 per share, and 60 shares of Giant Auto at $10 per share. After one year, the prices changed and the total value was $3,035, so the club gained $35.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Refertopage194fordetailedinstructions

    YourClubsold300at$10eachshare,providingyourclubwith$3,000.Yourclubmustinvest
    the$3,000inatleast3companies.Decidedhowmanysharesofeachcompanyyourclub
    wantstobuy.Yourclubmustinvestall$3,000andcannotexceedthatamount.

    Company

    PriceperShare

    #ofSharesOwned

    AmountInvested

    AmericanCellular

    $5

    BigBoxStores

    $20

    65

    1300

    BiotechIndustries

    $10

    80

    800

    GeneralGrocery

    $20

    GiantAuto

    $10

    60

    600

    GoldMiningGroup

    $5

    60

    300

    TotalInvestmentValue(AddLastColumn)

    OneYearLater
    Itisnowayearlater,thepricesofyourinvestmentshavechanged.Completethetablebelow
    withthepricepershareprovidedbyyourteacher.Didyouloseorgainmoney?

    Company

    PriceperShare

    #ofSharesOwned

    AmountInvested

    AmericanCellular

    $8

    BigBoxStores

    $23

    65

    1495

    BiotechIndustries

    $8

    80

    640

    GeneralGrocery

    $22

    GiantAuto

    $11

    60

    660

    GoldMiningGroup

    $4

    60

    240

    TotalInvestmentValue(AddLastColumn)

    3035

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