Rem purchased 1000 shares of Wartel stock at $7.50 per share with a 7% commission. Six months later, Rem sold the shares at $8.50 per share with another 7% commission. Rem's total gain or loss from the transaction needs to be calculated. Registered savings plans offer advantages like tax-deferred growth that Marlon should consider for his $50 monthly investment goal. GICs have low risk but also low returns, while stocks have higher risk and potential returns. A 3% commission applies to purchasing 300 shares worth $12.48 each. Appropriate financial goals differ by age, such as saving for emergencies for a 20-year-old and retirement for a 50-year

2. 1 Rem purchased 1000 shares of Wartel at $7.50 per share. The
commission for buying shares is 7% of the current price.
a) Calculate the total purchase price of the shares.

3. b) Six months later Rem sold the shares for $8.50 per share. The
commission to sell is 7% of the current price. Calculate the
amount Rem will receive after selling his stock.

4. c) Calculate Rem’s gain or loss on the stock transaction.

5. 2 Marlon is considering investing $50 per per month in a registered
savings plan. Identify two advantages of registered savings plans
that Marlon should consider.

6. 3 Rochel wants to invest $3000 for a 6­month period of time. List
one advantage and one disadvantage for each investment option.
Refer to either liquidity, risk or rate of return in your answer.
Advantage Disadvantage
GIC
Stocks

7. 4 A broker charges a 3% commission on all sales of stock. Calculate
the total cost of purchasing 300 shares of a stock worth $12.48 each.

8. 5 a) Provide and explain an appropriate financial goal for the
average 20­year­old.

9. 5 b) Provide and explain an appropriate financial goal for the
average 50­year­old.

10. 6 The Francois family visited a financial planner and discovered
that they had a net worth of $100000. Their total liabilities are
$110000 including their mortgage of $60000.
a) Calculate the total value of their assets.

11. 6 b) Calculate their Debt Equity Ratio if they borrow $3000
for a winter holiday.

12. 7 Morgan’s portfolio was valued at $23400 on March 1. On June 1
she redeemed all of her portfolio investments for $22464.
Calculate her percent loss.

13. 8 Raphael received $1000 from his grandparents. One of his goals
is to invest the $1000 for 3 years to help with university tuition.
He wants to keep his principal while earning the highest rate of
return possible.
Justify two investment options for Raphael.

14. 9 Kyle purchases 600 shares at a cost of $2 per share, with broker
fees of 1% of the purchase price. One week later, the shares
increase by $0.10 per share and Kyle decides to sell the stocks. He
sells them through the broker, who charges 1% of current value for
selling them.
Calculate how much money Kyle gained or lost in this investment.

15. 10 Jeyson’s net worth is $14500. If his assets total $89750,
calculate his total liabilities.