This is the first of three stock journal assignments you will complete during this course. Save your assignment templates from this assignment and update them for the assignments in Weeks 8 and 10.
For this assignment, use the two provided templates:
Download both templates. Then, complete, save, and upload both templates at the same time to Blackboard when submitting your work.
Note: Watch the Excel tutorial videos linked in this week to learn how to use Excel before attempting the assignment. You can use the template provided, or you may create your own template based on the one provided.
Capital markets and the ability to raise funds for corporate uses are essential to the U.S. economic system. For this assignment, imagine you have $25,000 to invest in U.S. companies. You are buying used stock.
You are investing, or buying, the stock because you believe the three companies you choose will make money and pay you a dividend in cash. Each share of stock you buy entitles you to any dividend declared and a vote at the annual stockholders’ meeting.
The stocks you choose also give you the ability to earn your money back by selling the stock. Of course, investing in stocks is risky, and there is the possibility that the stock you buy will be worth less when you want your money back. The company is not obligated to give you any of your money back. You will only get your money back if another investor wants to buy your stock.
Using the above scenario and the resources listed below, complete the following directions for your Week 3 Stock Journal entry: