Miguel paid a total of $12,000 for stock that was $8 per share. If he sold his shares for $15,000, how much profit on each share did he make?
Answers
The correct answer is:
$2 per share.
Explanation:
He paid $12000 total, at a rate of $8 per share. This means he bought 12000/8 = 1500 shares.
He sells these 1500 shares for $15000; this means he received 15000/1500 = $10 per share.
This means he made 10-8 = $2 profit per share.
Answer:
$2
Step-by-step explanation:
Cost of 1 share = $8
He bought Shares for amount $12,000
So, He bought number of shares =
=
Now he sold 1500 shares for amount $15000.
So, S.P. of 1 share =
=
So, S.P. of 1 share = $10
C.P. of 1 share = $8
So, profit = S.P. - C.P.
= $10-$8
=$2
Thus he made $2 as profit on each share.
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Risks associated with a stock market were discussed and ways to mitigate those risks were also discussed.
What is a stock market?
Stock markets are venues where buyers and sellers meet to exchange equity shares of public corporations.
Investing in the stock market is riskier than saving cash or bond investments because the stock market completely depends on the performances of corporations. If the performance of a company is not good, each and every shareholder has to bear the consequences.
The way to mitigate this risk is to study the past performances of a company and to know to the current status of that company, its relations with other companies, market demands etc.
Hence, Risks associated with a stock market were discussed and ways to mitigate those risks were also discussed.
To get more about the stock market visit:
If the company performs badly, or there's a perception it does so, then the stock's value will go down and you'll lose money. The only way to earn money from stocks is if the company is able to be innovative and survive the competition. The worst case scenario is that you lose all your money if the company goes bankrupt.
To reduce the risk, you should diversify your investments so that you invest in multiple companies along multiple sectors of the economy. This spreads out the risk so that if one company fails, then its unlikely they all fail (assuming there isn't some catastrophic event in the market). Alternatively, you can invest with mutual funds or index funds to let other people/entities invest your money with a range of diverse companies.
Answers
Answer: The point of intersection of the perpendicular bisectors. On plato its C.
B.) the interest rate may change depending on the condition of the economy
C.) the lender can adjust the monthly payment dates whenever he wants to
Answers
An adjustable rate mortgage is adjusted rate of interest depending on market situations.
The rate of interest may vary , totally depends on the market value of that agency or company or the financial agency which is providing the mortgage money at certain rate.
So, option (B) the interest rate may change depending on the condition of the economy is true statement regarding adjustable rate mortgage.
Option B is correct, the interest rate may change depending on the condition of the economy is true of an adjustable rate mortgage.
An adjustable rate mortgage (ARM) is a type of mortgage loan where the interest rate is not fixed for the entire loan term.
Instead, the interest rate on an ARM can adjust periodically, typically based on a specific financial index such as the Treasury Bill or the London Interbank Offered Rate (LIBOR).
The adjustment frequency and the specific index used are outlined in the loan agreement.
The adjustablefeature of an ARM allows the interest rate to change over time based on market conditions and economic factors.
This means that the borrower's monthlypayment may also change when the interest rate adjusts, as it is typically tied to the new rate.
Hence, option B is correct.
To learn more on Adjustable Rate Mortage click:
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