1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hoochie [10]
2 years ago
8

Step 4: Use the line chart to determine the approximate price of the stock at the beginning of 2003. How much money would you ha

ve earned if you bought one share of stock at the beginning of 2003 and sold it at today's current price?
​

Business
1 answer:
Valentin [98]2 years ago
5 0

The amount of money earned with the purchase of one share of stock at the beginning of 2003 and selling it at today's current price is <u>$22.81</u> ($61.81 - $39).

<h3>What is the price of stock?</h3>

The price of a share of stock is the cost that is paid to buy it or the revenue received when it is sold.

The price of a stock reflects the value that investors place on the issuing company.

Thus, the amount of money earned with the purchase of one share of stock at the beginning of 2003 and selling it at today's current price is <u>$22.81</u>.

Learn more about determining the price of a stock at brainly.com/question/8084221

You might be interested in
Which of these statements about liquidity traps is false? Firms are unlikely to undertake investment during liquidity traps beca
nika2105 [10]

Answer:

The correct answer is: firms are unlikely to undertake investment.

Explanation:

The liquidity trap is a situation described in the Keynesian economy according to which, liquidity injections into the private banking system by the central bank do not lower interest rates or inject money into the economy and therefore do not stimulate economic growth as claimed by monetarism.

The liquidity trap occurs when people accumulate cash because they expect an adverse event, such as deflation, reduction in aggregate demand and GDP, an increase in the unemployment rate or a war. People are not buying, companies are not borrowing and banks are not lending either because they do not have enough solvency since the economic outlook is uncertain and investors do not invest because the expected returns on investments are low.

The most common characteristics of a liquidity trap are interest rates close to zero and fluctuations in the monetary base that do not translate into fluctuations in general price levels.

3 0
3 years ago
If a product is to be properly commercialized, there must be integration between __________ and __________.
Marina CMI [18]
<span>If a product is to be properly commercialized, there must be integration between finance and marketing.</span>
5 0
3 years ago
Which is the BEST definition of the term economics?
Hunter-Best [27]
I would say b or c because I learned that economics is the making and distributing of good and services. If i was answering i would pick c
3 0
3 years ago
F a taxpayer offers you a $20 bill because they were so happy about the quality service they received, what would be the appropr
BlackZzzverrR [31]
The appropriate action would be: C. <span>Thank the taxpayer, and explain that you cannot accept any payment for your services.
Government workers couldn't receive cash payment in any kind unless there is a necessary administrative purpose. 
They could on the other hand, receives Gifts that held the value less than $ 20</span>
6 0
3 years ago
Read 2 more answers
How many district courts are in the federal system?.
posledela
Answer 94 districts.

In the federal court system's present form, 94 district level trial courts and 13 courts of appeals sit below the Supreme Court.
8 0
2 years ago
Read 2 more answers
Other questions:
  • On September 10, Harris, Inc., a new car dealer, placed a newspaper advertisement stating that Harris would sell ten cars at its
    14·2 answers
  • Competitive firms differ from monopolies in which of the following ways? (i) Competitive firms do not have to worry about the pr
    5·1 answer
  • David, the CEO of a beverage company, wants to understand the reason for the erratic performance of one of the company's product
    15·1 answer
  • A paint manufacturing company has three factories located in France, Germany, and Spain. The productivity data of the factories
    5·1 answer
  • Which case best represents a case of price discrimination?
    8·1 answer
  • Court Casuals has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Common Stock, $110,0
    8·1 answer
  • each time mayberry nursery hires a new employee, it must wait for some period of time before the employee can meet production st
    12·1 answer
  • What signs of maturity were shown towards the end of Tall Girl? Movie
    13·1 answer
  • During its first year of operations, Silverman Company paid $11,625 for direct materials and $11,000 for production workers' wag
    7·1 answer
  • Paddle fans &amp; more has a marginal tax rate of 34 percent and an average tax rate of 23.7 percent. if the firm earns $138,500
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!