Questions from Personal Finance

Q: On March 2, 2020, shares in theT. Rowe Price

On March 2, 2020, shares in theT. Rowe Price Dividend Growth Fund were selling for $51 a share. Using the internet or a newspaper, determine the current price for a share of this fund. Based on this i...

Q: After reviewing Jamie Lee and Ross’s current financial situation, suggest specific

After reviewing Jamie Lee and Ross’s current financial situation, suggest specific and measurable short-term and long-term financial goals that can be implemented at this stage.

Q: Sarah and James Hernandez purchased 160 shares of Macy's stock at $

Sarah and James Hernandez purchased 160 shares of Macy's stock at $20 a share. One year later, they sold the stock for $24 a share. They paid a broker an $8 commission when they purchased the stock...

Q: Assuming you purchased shares in the T. Rowe Price Dividend Growth

Assuming you purchased shares in the T. Rowe Price Dividend Growth Fund on March 2, 2020, and based on your answer to question 3, how would you decide if you want to hold or sell your shares? Explain...

Q: To help evaluate the CD and the two bonds, complete the

To help evaluate the CD and the two bonds, complete the table below.

Q: While both bonds are considered investment grade bonds, the Microsoft bond

While both bonds are considered investment grade bonds, the Microsoft bond is rated higher than the Dollar Tree bond. What does the AAA rating for the Microsoft bond mean? What does the BBB rating for...

Q: Wanda Sotheby purchased 120 shares of Home Depot stock at $235

Wanda Sotheby purchased 120 shares of Home Depot stock at $235 a share. One year later, she sold the stock for $218 a share. She paid her broker a $34 commission when she purchased the stock and a $...

Q: In September, the board of directors of Chaparral Steel approved a

In September, the board of directors of Chaparral Steel approved a 2-for-1 stock split. After the split, how many shares of Chaparral Steel stock will an investor have if he or she owned 230 shares b...

Q: Michelle Townsend owns stock in National Computers. Based on information in

Michelle Townsend owns stock in National Computers. Based on information in its annual report, National Computers reported after-tax earnings of $9,700,000 and has issued 7,000,000 shares of common s...

Q: Analysts that follow JPMorgan Chase, one of the nation’s largest providers

Analysts that follow JPMorgan Chase, one of the nation’s largest providers of financial services, estimate that the corporation’s earnings per share will increase from $10.87 in the current year to $1...