This topic contains a solution. Click here to go to the answer

Author Question: Last year, you purchased 450 shares of Xtraordinary Xylophone stock at $38 per share. Today, the ... (Read 17 times)

olsonmanny@gmail.com

  • Full Member
  • ***
  • Posts: 141

Question 1

Information from Stock and Bond Prices

The table lists the value of the S&P 500 over several years.
YearS&P 500 Index
12410.93
22766.36
32995.23
43203.32
54215.60
What was the percentage change in the index between year 3 and 4? Please round your answer to two decimal places.
◦ 6.50%
◦ 6.95%
◦ -6.95%
◦ -6.50%

Question 2

Last year, you purchased 450 shares of Xtraordinary Xylophone stock at $38 per share. Today, the stock is selling for $102 a share. If you decide to sell all your stock today, what is your capital gain? Please round your answer to two decimal places.
◦ $28,800.00
◦ $64.00
◦ $45,900.00
◦ $76.00


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by olsonmanny@gmail.com on Nov 23, 2022

risolinick@gmail.com

  • Full Member
  • ***
  • Posts: 150
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 44% of students answer this correctly




olsonmanny@gmail.com

  • Member
  • Posts: 141
Reply 2 on: Nov 23, 2022
Excellent


daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

For a complete list of videos, visit our video library