FIN 420 ASSIST Future Starts Here/fin420assist.com FIN 420 ASSIST Future Starts Here/fin420assist.com | Page 11
7 For four years , Marty Campbell invested $ 4,000 each year in Newsome Golf Apparel . The stock was selling for $ 32 in 2008 , $ 45 in 2009 , $ 35 in 2010 , and $ 50 in 2011 . What is Marty ’ s total investment in Newsome Golf ? 8 Wallace Davis purchased 200 shares of Dell stock at $ 14.50 a share . One year later , he sold the stock for $ 11 a share . He paid his broker a $ 22 commission when he purchased the stock and a $ 24 commission when he sold it . During the 12 months he owned the stock , the company paid no dividends . Calculate Wallace ’ s total return on this investment . =================================================== FIN 420 Week 5 DQ 1
Life insurance is a topic many people do not like to discuss , but understanding your family ’ s needs and planning appropriately in the event of a premature death is also part of a comprehensive financial plan . Outlined in Ch . 10 are four methods for estimating life insurance needs . Which insurance options are most appropriate for your family situation ? Based on what you have identified as most appropriate for you , do you currently have enough life insurance ? If not , how can you close this gap ? =================================================== FIN 420 Week 5 DQ 2
7 For four years , Marty Campbell invested $ 4,000 each year in Newsome Golf Apparel . The stock was selling for $ 32 in 2008 , $ 45 in 2009 , $ 35 in 2010 , and $ 50 in 2011 . What is Marty ’ s total investment in Newsome Golf ? 8 Wallace Davis purchased 200 shares of Dell stock at $ 14.50 a share . One year later , he sold the stock for $ 11 a share . He paid his broker a $ 22 commission when he purchased the stock and a $ 24 commission when he sold it . During the 12 months he owned the stock , the company paid no dividends . Calculate Wallace ’ s total return on this investment . =================================================== FIN 420 Week 5 DQ 1
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Life insurance is a topic many people do not like to discuss , but understanding your family ’ s needs and planning appropriately in the event of a premature death is also part of a comprehensive financial plan . Outlined in Ch . 10 are four methods for estimating life insurance needs . Which insurance options are most appropriate for your family situation ? Based on what you have identified as most appropriate for you , do you currently have enough life insurance ? If not , how can you close this gap ? =================================================== FIN 420 Week 5 DQ 2