1 The following problem refers to the stock table for Kired, inc ( a computer company) given below . use the stock table to answer the following questions. Where necessary, round the dollar amounts to the nearest cent. A. what were the high and low prices for a share for the past 52 weeks? High price = Low price= B. if you owned 700 shares of this stock last week, what dividend did you receive? $_____ c. what is the annual return for the dividens alone? How does this compared to a bank offering a 3% interest rate? ___%
1 The following problem refers to the stock table for Kired, inc ( a computer company) given below . use the stock table to answer the following questions. Where necessary, round the dollar amounts to the nearest cent. A. what were the high and low prices for a share for the past 52 weeks? High price = Low price= B. if you owned 700 shares of this stock last week, what dividend did you receive? $_____ c. what is the annual return for the dividens alone? How does this compared to a bank offering a 3% interest rate? ___%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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11
The following problem refers to the stock table for Kired, inc ( a computer company) given below . use the stock table to answer the following questions. Where necessary, round the dollar amounts to the nearest cent.
A. what were the high and low prices for a share for the past 52 weeks?
High price =
Low price=
B. if you owned 700 shares of this stock last week, what dividend did you receive?
$_____
c. what is the annual return for the dividens alone? How does this compared to a bank offering a 3% interest rate?
___%
d. how many shares of this company‘s stock were straight it yesterday?
____ shares
E.What where are the high and low prices for a share yesterday?
High price=___
Low price=____
f. what was the price at which is share traded when the stock exchange close yesterday?
$_____
g. what was the change in price for a share of stock from the market close to two days ago to yesterday market close?
-$____
H. compute the companies animal earnings per share using:
Yesterday closing price per share/ PE ratio
$_____
(round the answer to the nearest cent)


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