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Purchase stock with a set amount of money, and follow the process through gains, losses, and selling.
Remarks
Example: At the beginning of the year, Mary invests $3000, buying $1500 of Stock A at $30 per share, $1000 of Stock B at $40 per share, and putting $500 in a money market account paying 5% interest. At the end of the year, stock A is priced at $34 per share, and stock B is priced at $38 per share. What is the overall rate of return for the year on Mary's investments?General Information
Subject Area: X-Mathematics (former standards - 2008)
Grade: 912
Body of Knowledge: Financial Literacy
Idea: Level 2: Basic Application of Skills & Concepts
Standard: Individual Financial Planning - Individual Financial and Investment Planning
Date Adopted or Revised: 09/07
Content Complexity Rating:
Level 2: Basic Application of Skills & Concepts
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More Information
Date of Last Rating: 06/07
Status: State Board Approved - Archived
Related Courses
This benchmark is part of these courses.
1200500: Advanced Algebra with Financial Applications (Specifically in versions: 2014 - 2015 (course terminated))
7921022: Access Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2023, 2023 and beyond (current))
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