Sheila has been investing for several years and has done well. She is thinking that it is time to cash in as she is looking to buy her first home. She decided to sell some of her Nvidia Inc. shares. She purchased 300 shares at $230/share in 2022, and another 450 shares at $270/share in April 2023. It is now April 8, 2024, she has just sold 600 shares for a total of $528,000 ($880.00/share).
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- Abby purchased 100 shares of her dad’s favorite stock for $25.80 per share exactly 1 year ago, commission free. She sold it today for a total amount of $2865. She plans to invest the entire amount in a different corporation’s stock today, but must now pay a $50 commission fee. If she plans to sell this new stock exactly 1 year from now and realize the same return as she has just made, what must be the total amount she receives next year? Include the commission fee as a part of the purchase price, but neglect any tax effects.Abby purchased 100 shares of her father’s favorite stock for $27 per share exactly 1 year ago, commission free. She sold it today for a total amount of $3125. She plans to invest the entire amount in a different corporation’s stock today, but she must now pay a $30 commission fee. If she plans to sell this new stock exactly 1 year from now and realize the same return as she has just made, what must be the total amount she receives next year? Include the commission fee as a part of the purchase price, but neglect any tax effects. What is the total amount that she receives next year?Abby purchased 100 shares of her father’s favorite stock for $27 per share exactly 1 year ago, commission free. She sold it today for a total amount of $3225. She plans to invest the entire amount in a different corporation’s stock today, but she must now pay a $45 commission fee. If she plans to sell this new stock exactly 1 year from now and realize the same return as she has just made, what must be the total amount she receives next year? Include the commission fee as a part of the purchase price, but neglect any tax effects.
- Ten years ago, Ginny inherited $50,000 from her grandmother. She decided to invest all of this money in GE stock. Suppose she decides to sell the stock today so she can purchase her first home. The sale price of the stock is $64,500. Suppose that at the beginning of the ten year period the Consumer Price Index (CPI) was 125 and today the CPI is 215. Use this information calculate the value of Ginny's initial investment in terms of today's dollars.Jason purchased 300 shares of the hodge and mattox energy fund. Each share cost 15.15. Fifteen months later, he decided to sell his shares when the share value reached 18.10. A what is the amount of his total initial investment? B what was the total amount Jason revived when he sold his shares in the hodge and mattox fund? C how much profit did he make on his investment?6 years ago Clarissa purchased shares in a certain mutual fund at Net Asset Value (NAV) of $65. She reinvested her dividends into the fund, and today she has 5.6% more shares than when she started. If the fund's NAV has increased by 42.6% since her purchase, compute the rate of return on her investment if she sells her shares today. Please answer fast i give you upvote.
- 6 years ago Clarissa purchased shares in a certain mutual fund at Net Asset Value (NAV) of $85. She reinvested her dividends into the fund, and today she has 5.1% more shares than when she started. If the fund's NAV has increased by 48.3% since her purchase, compute the rate of return on her investment if she sells her shares today.Your good friend Andrew told you that his grandmother just passed. As the family went through her belongings, they found a set of stock certificates for a company called Pecan Perfection. The company bakes the best pecan pies. His grandma bought the stock 45 years ago for $500. After some investigation, it was found that his grandma's original investment was now worth $399,742. What was the average annual return of Andrew's grandma's investment over the past 45 years? (Please answer with two decimal places and without the percent sign.) -Ashley purchased a common stock worth $5,000 in year 1 and another worth $10,000 in year 5. Five years after her last investment, she sold all her stocks to a buyer for $80,000. Find the rate of return received on the investment.
- Jimmy Comfort was interested in pursuing a second career after retiring from the military. He signed up with Twitter to help network with individuals in his field. Within 1 week, he received an offer from a colleague to join her start-up business in Atlanta, Georgia. Along with his salary, he receives 125 shares of stock each month. Assume the stock is worth $6.50 a share. What is the value of the 125 shares he receives each month? (Round your answer to the nearest cent.) Value of the shares MIChristopher regularly invests in internet company stocks, hoping to become wealthy by making an early investment in the next high-tech phenomenon. In 2012, Christopher purchased 3,000 shares of FlicksNet, a film rental company, for 15 per share shortly after the company went public. Because Christopher purchased the shares in their initial offering, the shares are qualified small business stock. In 2019, Christopher sold 800 of the shares (at 325 per share) so that he could purchase a reservation for a seat on 1-lon Musks first human mission to Mars. What regular income tax consequences and AMT consequences arise for Christopher as a result of the sale of these shares?6 years ago Mary purchased shares in a certain mutual fund at Net Asset Value (NAV) of $51. She reinvested her dividends into the fund, and today she has 7.6% more shares than when she started. If the fund's NAV has increased by 47.2% since her purchase, compute the rate of return on her investment if she sells her shares today. Round your answer to the nearest tenth of a percent.