Happy Valentine's Day
I was such a sweetheart, I made the time (opportunity cost) to update the blog and remind you what the homework is for tomorrow because it is not only pretty easy, but includes a 9 point Extra Credit opportunity for students who are motivated. First the homework part,
Locate the BEST rate of return in interest for a one year savings of $500. Perform an Internet search for savings or checking and interest rate, perhaps a certificate-of-deposit, and write down, or copy the URL as a blog comment. Just record the location of the institution (Bank or Credit Union, etc.) and what the rate of interest is for a one year deposit.
Also, Read Chapter 4, Section 3 and answer question #7 only on Page 107
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The Extra Credit is to read about Amazon.com on pages 104-105 and refresh the data in this analysis because it is more than 5 years old. What have the sales numbers been like for Amazon.com in 2005, 2008, and 2011? Tell me more about the company by looking at the financial information on finance.google.com - like the price per share, how many shares are outstanding, what is the Market Cap., etc. Why should I consider investing in this company, and most importantly, argue why you should consider focusing on this company for a possible job in the near future.
The homework and extra credit are due at the beginning of the period.
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