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HOG is the stock symbol for Harvey. It was a penny stock which means WS expects the firm to disappear. But Harley turned around and it is among the great American turnaround stories. If you invested $10000 in Harley at 0.24/share, what would be today’s value?

Respuesta :

Answer:

$1,468,750

Explanation:

The computation of the today value is shown below:

Let us assume that the today share price of Harley is $35.25

So, the today value would be

= (Invested amount  × today share price) ÷ per share

= ($10,000 × $35.25) ÷ 0.24 per share

= $1,468,750

We find out by considering the today share price, invested amount and the per share

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