In: Finance
Part G.2
The following information is for solving Questions 59 to 62
During the past five years, Mary invested $2,500 each year into her employer company OPQ Incorporated. The purchase price for these shares were $44 (year 1), $45 (year 2), $47 (year 3), $50 (year 4) and $56 (year 5).
Question 59
How much has Mary invested in OPQ shares?
Question 59 options:
$12,500 |
|
$10,000 |
|
$2,500 |
|
$5,000 |
|
None of the Above |
Question 60
How many shares (rounded down to the whole share) would Mary have?
Question 60 options:
260 |
|
284 |
|
277 |
|
266 |
|
None of the Above |
Question 61
What would be average cost per share for Mary's investment?
Question 61 options:
$48 |
|
$47 |
|
$45 |
|
$44 |
|
None of the Above |
Question 62
If Mary sold her OPQ shares at $60 per shares, what would be her capital gains from her investment?
Question 62 options:
$2,600 |
|
$1,300 |
|
$3,389 |
|
$3,120 |
|
None of the Above |