Module 2 Web Exercise

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Southern New Hampshire University *

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335

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Finance

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May 21, 2024

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docx

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2

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FIN 335 Financial Markets Southern New Hampshire University Frank Warnock 24EW4 Module 2 Web Exercise Chapter 1: “Working with Financial Market Data” -What is the Dow forecast to be in six months? According to www.forcasts.org , in 6 months the DJIA is forecasted to be 35680, =/- 427. -What percentage change is forecast for the next six months? The percentage change forecasted in the next 6 months will be (35680-38691.12)/38691.12=-7.78%. Chapter 2: “The Financial System” -What percentage of assets do commercial banks hold in loans? What percentage of assets are held in mortgage loans? According to the most recent report given in the source material, the total assets (in billions) are 162.7 with 43.0 being in loans, making that a percentage of (43.0/162.7)=26.42%. Same asset level of 162.7 against mortgage loans totaling 22.2 giving a percentage of 13.64% -What percentage of assets do savings and loans hold in mortgage loans? -What percentage of assets do credit unions hold in mortgage loans and in consumer loans? 31.3/76.4=40.97% -What is the mission of the NYSE? The mission of the NYSE is to promote public confidence and ensure that deals can be conducted between trusted parties. -Firms must pay a fee to list their shares for sale on the NYSE. What would be the fee for a firm with 5 million common shares outstanding? According to NYSE.com, “ The first time an issuer lists a class of common shares, Listing Fees are charged at a flat rate of $300,000.”
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