Open Cengage Mindtap, Open Unit 4. Choose Stock Market Simulation.
Begin Part 1 - Getting Started
- follow instructions for each worksheet below in Cengage.
Worksheet 1. You have a total investment amount of $10,000. Look at the information on Figure 1. In Worksheet 1, If you Buy AT&T, Symbol is T, close is 33.62, if you buy 100 shares, 33.62x100=$3362 + $10 broker fee = $3372 investment amount. Choose additional stock to buy with your left over investment money.
Worksheet 2- Look at the updated closing prices in your investments to compute any gains or losses for each stock you own and total investment balance. For AT&T, Symbol is T. Close at purchase was 33.72, close at the End of Week 1 is 34.51. That is a +0.89 gain per share. (34.51-33.62=.089) 33.62x100 shares =$3,451 new investment amount($3,451- $3,372= $79 difference/gain
Worksheet 3 - restart with your new investment amount (gain or loss from week 1) choose stocks to reinvest or drop for week 2.
Worksheet 4- finalize the investments to compute your final gains or losses.
Practice:
N/A
Past DUE:
Stock Market Simulation game - Click on the link in google classroom to sign up.