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

olsonmanny@gmail.com

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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


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

risolinick@gmail.com

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olsonmanny@gmail.com

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)


laurnthompson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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