ECONOMICS (CBSE/UGC NET)

ECONOMICS

SAVING AND INVESTING

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

You plan to buy 5 shares of Facebook at $147.19. You will sell them when you finish college in 4 years. In 2021, a share of Facebook stock is valued at $163.87. How much did you gain or lose?

A	gained $16.68
B	lost $16.68
C	gained $83.40
D	lost $83.40

Explanation:

Detailed explanation-1: -According to the latest long-term forecast, Facebook price will hit $300 by the end of 2023 and then $400 by the middle of 2024. Facebook will rise to $600 within the year of 2025, $700 in 2026, $800 in 2027, $900 in 2028, $1, 000 in 2029, $1, 100 in 2031 and $1, 200 in 2033.

Detailed explanation-2: -If you invested $1, 000 in Facebook when it went public on May 18, 2012, the market value of your shares would be worth $4, 964.21 at Wednesday’s close, according to CNBC calculations. Over the same stretch, a $1, 000 investment in the S&P 500 index would have grown by 216% to about $3, 166, compared to Meta’s 396% return.

Detailed explanation-3: -The company was founded in 2004 and went public via IPO on May 18, 2012, with a share price of $38. The price dropped to under $18 a share early on before rising to where it is today, with a market cap of around half a trillion dollars.

Detailed explanation-4: -(NASDAQ: META) Facebook stock price per share is $185.25 today (as of Mar 3, 2023).

There is 1 question to complete.