maria purchased 1,000 shares of stock for 35.50 per share in 2003. she sold them in 2007 for $55.10 per share. 5. Ramon bought x shares of Xerox stock for a total of $40,000. Expresstheprice he paid per share algebraically.4. Tori bought x shareall of the shares months laterital gain or loss algebraically.e Stock Market6. In 2004, Joe bought 200 shares in the Nikon corporation for $12.25per share. In 2007 he sold the shares for $31.27 each.a.What was Joe's capital gain?b. Express Joe's capital gain as a percent, rounded to the nearestpercent.7. General Motors stock fell from $32 per share in 2006 to $20 pershare during 2008.a. If you bought and then sold 300 shares at these prices, what wasyour loss?b. Express your loss as a percent of the purchase price. Round to thenearest tenth of a percent.8. Elliott purchased shares of Microsoft in 2008 for $28 per share. Heplans to sell them as soon as the price rises 20%. At what price willhe sell his shares?9. Maria purchased 1,000 shares of stock for $35.50 per share in 2003.She sold them in 2007 for $55.10 per share. Express her capital gainas a percent, rounded to the nearest tenth of a percent.dF13. Zeke Bhim aa. Eb. Ec. 714. Jakstc14a.bXK

Capital gain is the amount of profit earned by an increase in share prices and is subject to capital…

he sell his shares? 9. Maria purchased 1,000 shares of stock for $35.50 per share in 2003. She sold them in 2007 for $55.10 per share. Express her capital gain as a percent, rounded to the nearest tenth of a percent.

he sell his shares? 9. Maria purchased 1,000 shares of stock for $35.50 per share in 2003. She sold them in 2007 for $55.10 per share. Express her capital gain as a percent, rounded to the nearest tenth of a percent.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

maria purchased 1,000 shares of stock for 35.50 per share in 2003. she sold them in 2007 for $55.10 per share.

5. Ramon bought x shares of Xerox stock for a total of $40,000. Express
the
price he paid per share algebraically.
4. Tori bought x share
all of the shares months later
ital gain or loss algebraically.
e Stock Market
6. In 2004, Joe bought 200 shares in the Nikon corporation for $12.25
per share. In 2007 he sold the shares for $31.27 each.
a.
What was Joe's capital gain?
b. Express Joe's capital gain as a percent, rounded to the nearest
percent.
7. General Motors stock fell from $32 per share in 2006 to $20 per
share during 2008.
a. If you bought and then sold 300 shares at these prices, what was
your loss?
b. Express your loss as a percent of the purchase price. Round to the
nearest tenth of a percent.
8. Elliott purchased shares of Microsoft in 2008 for $28 per share. He
plans to sell them as soon as the price rises 20%. At what price will
he sell his shares?
9. Maria purchased 1,000 shares of stock for $35.50 per share in 2003.
She sold them in 2007 for $55.10 per share. Express her capital gain
as a percent, rounded to the nearest tenth of a percent.
d
F
13. Zeke B
him a
a. E
b. E
c. 7
14. Jak
stc
14
a.
b
X
K

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