The following problem refers to the stock table for ABC Inc (a tire company) giv
ID: 3138826 • Letter: T
Question
The following problem refers to the stock table for ABC Inc (a tire company) given below Use the stock table to answer the round the dollar amounts to the nearest cent 52-Week Yld Vol Net High Low Stock SYM Div% PE 100s Hi Lo Close Chg a. What were the high and low prices for a share for the past 52 weeks? High price s74 32 Low price. $44 64 b. If you owned 700 shares of this stock last year, what dividend did you receive? 805 c. What is the annual return tor the dividends alone? How does this compare to a bank offering a 3% interest rate? 13% O A. The yield is lower, and investing in the bank account is always the best option in this case.Explanation / Answer
e. High price is the $56.94 as seen from the table ( 4th last column)
Low price is the $55.65 as seen from the table ( 3rd last column)
f. The price at which the stock was closed yesterday is $56.06. (2nd last column)
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