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
Related questions
Question
question 2,3,4
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Trade Time
Chg
Open
52-week High
52-week Low
Sales in 100s
High
Low
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Use the trading data for Friday, October 20 and Friday, October 27 to answer the question
Discovery Inc.
October 20
Discovery Inc.
October 27
Last
Last
Trade Time
Chg
Open
52-week High
52-week Low
Sales in 100s
High
Low
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$38.50
4:00 PM. ET
$1.56
$37.22
$76.19
$22.78
19,700
$40.10
$36.77
51
$42.00
4:00 PM. ET
$1.50
$42.50
$76.19
$22.78
23,600
$42.50
$42.00
1. What was the difference between the high and the low prices on October 20?
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$40.10-$36.77=$3.33
2. On October 27, what was the actual volume of Discovery Inc. shares posted? Write
the volume in numerals.
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1. What was the difference between the high and the low prices on October 20?
5
3. At what price did Discovery Inc. close on October 19?
$40.10-$36.77-$3.33
2.
On October 27, what was the actual volume of Discovery Inc. shares posted? Write
the volume in numerals.
Chapter 1-2
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4. Angel owns 5/8 of a partnership in a bakery. What is the percentage that she owns?
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