PERCENTAGES WERE NOT CREATED EQUAL. .[do not post answers]. . This is a fun or frustrating BRAIN TEASER. . .depending on what sort of day you are having. . .First try and work them out in your heads. . .writing down the answers you BELEIVE to be correct. Then grab your calculator and see how well your score improves.
Here goes:
1. A 20 dollar stock falls 50 percent to 10 bucks. . .In order for the stock to return to 20 dollars what percentage must it rise?
2. A 40 dollar stock rises 25 percent to 50 bucks . . . then it falls back down 25 percent. . . how much is the stock?
3. A stock is priced at 17.50 . . .the daytraders get hold of it, pushing it up 200 percent, before falling back 100 percent. . .how much is the stock?
4. You have 5000 dollars worth of a 50 dollar stock that rises 1 buck.
You also have 5000 dollars in a 5 dollar stock that rises .25 cents
Which stock made you the most money? And what were the percentage yeilds of each?
5. You bought 200 shares of a stock at 50 bucks, which split 2 for 1, when it reached 100 dollars. . .it is now worth 75 dollars a share. What is the percentage gain from your investment?
6. Like clockwork, a stock has defined a trading range of 15 on the low and 20 on the high. You buy 1000 shares at the low and sell them all at the high. You have a friend that shorts 1000 shares at the high and covers them all at the low. Which of you make more money? You or your friend? And what are the percentage yeilds for each of you?
7. Like a Blind Sheep, you followed a pump and dumper into a Scammy Award winning OTC stock. . . you bought a truckload at 2.40. Through some unforeseen tragedy, almost immediately, the stock loses 75 percent of it's value. To get back your original investment, what percentage would the stock need to rise?
8. Two stocks. . .one gains 10 percent per day for 10 days. . . the other looses 10 percent per day for 10 days. Which stock moved the highest percentage over 10 days, the one that rose or the one that fell?
9. You have written two books. From the first, you receive royalties of 5 percent of 90 percent of the wholesale price, which is half the retail. You sold exactly 100,000 copies thru bricks and mortar retail stores. After writing the second book, you have an artistic disagreement with your publisher and decide to print and market them them yourself on the internet. Printing costs 30 percent of the retail price and you spend another 20 percent of retail on portal deals, leaving the rest of the take to go directly to you. You sell 10,000 copies at the full retail price. Which book nets you the more money? How much more?
10. You need one more stock to balance out your portfolio, and after weeks of reading thru Edgars and listening to biased analyst reports and hyped interviews on CNBC, you catch a long-termer off the HOME thread that fits your portfolio to a t. Having recently announced a 3-for-2 stock split, you buy 1000 shares pre-split, then hope to sell 1000 shares post-split at a price 25 percent higher than you originally paid. What is the symbol of the stock you bought?
1/2 point extra credit for the total percentage equity you hope to gain.
1 point per correct answer. Answers will be posted on Friday after the closing bell. Please keep discussion of problems or their solutions to private messaging. The score you get will directly coorespond to the percentage gains your portfolio is showing.
Send me your answers via PM or email. . .perfect scores will be recognized with names/initials or handles and city or state names. . whichever you prefer.
Rande Is
Cutting and pasting not permitted. . . use links to this page only.
<c> Copyright 1999 Blind Sheep Clothing Co.
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