Share
Explore BrainMass

Economic analysis

Can you please assist with the questions below? I would like to focus on Bank of America in the DOW Jones Stock Market

1)Why do you think it will be an interesting focus for your economic analysis?

2. What is the price of the stock? How many shares can you purchase with your $1000? To keep things simple, assume the brokerage fee is waived. This is just a virtual exercise; do not worry about maximizing shares.

3. Pick THREE of the economic terms that apply to your organization. Explain how each applies to your organization.

4. Pick ONE of the "Big Economic Ideas". Discuss how they apply to your organization. What do they add to your understanding of how your organization operates? Do you have any new insights?

Solution Preview

Can you please assist with the questions below? I would like to focus on Bank of America in the DOW Jones Stock Market

1) Why do you think it will be an interesting focus for your economic analysis?
As per moneycentral.com, "Bank of America Corporation is a bank holding company, and a financial holding company. The Company is a financial institution, serving individual consumers, small and middle market businesses, large corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. Through its banking subsidiaries (the Banks) and various non-banking subsidiaries throughout the United States and in selected international markets, it provides a range of banking and non-banking financial services and products through six business segments: Deposits, Global Card Services, Home Loans & Insurance, Global Banking, Global Markets, Global Wealth & Investment Management (GWIM), with the remaining operations recorded in All Other. On January 1, 2009, the Company completed the acquisition of Merrill Lynch. "
Bank of America is one of the financial super house and its presence is into many countries. Hence it would be an interesting focus for the economic analysis.

2. What is the price of the stock? How many shares can you purchase with your $1000? To keep things simple, assume the brokerage fee is ...

Solution Summary

Response discusses the economic analysis

$2.19