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Posted: June 22nd, 2020
Select two stocks of Australia-based MNCs that you want to include in your portfolio. If you want to review a list of possible stocks or do not know the ticker symbol of the stocks you want to invest in, go to the website. Make sure that your companies conduct a substantial amount of international business.
Next, select two foreign stocks that are traded on the Australian Securities Exchange (ASX) and are not from the same foreign country. Many foreign stocks are traded on the ASX; go to the website to get the Foreign Exempt and Foreign Domicile companies listed on the ASX. You should select the ASX code of the foreign company; for example, AIZ is the ASX code for Air New Zealand. You can use this ASX code to review the company’s background information, including a description of its business and its stock price trend over the last year. It is assumed that you will invest A$10,000 in each stock that you purchase. Your purchase price should be the closing price of the stocks you have chosen as at 17th November 2017. Finance homework help
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