Personal Finance 1st Edition by Jack R. Kapoor

Exercise 17

Using Investment Information. Assume you have established an emergency fund and have saved an additional $12,000 to fund an investment in common stock issued by AT&T Corporation. Using the sources of information discussed in this chapter, go to the library or use the Internet to obtain information about this company. Summarize your findings in a three-page report describing AT&T’s current operations and the firm’s past and present financial performance. Finally, indicate whether you would purchase AT&T common stock based on the information in your report. (Obj. 5)