ILISelected Stocks from the Dow Jones Industrial Average for a Dayin 2015NameAppleBosingInternationa1 BusinessMachingsJohnsonGeneralElectricProcter &GambleSymbol Open High Low Close Not % VohmechgChgAFFLBA113.8 115.0 113.6 115.0 1.73 1514111146.453IBM 140.4 143.72N14105140.30145.4 5.09 3.51142.7 3.14 225LiJNI 97.13 99.08 96.42 98.80 189 1.912GE 28.74 29.52 28.70 29.36 0.72558.320052988790high134.5441654100697630 158.83 115.020176.3105.49814764 31.4952PG 73.22 74.96 72.97 74.20 1.25 1.68 140809 86.78low92.Div65.021.084265.2081.79 3.00PE YID%chg214 10.0 8.4853.63 15.8 0.564.17 916 3.5918.8 -197183.16 16.9 -6.1717.1-6.09% 13. Stock Sale Suppose that you owned 1000 shares of stock in Procter & Gamble (PG). Youpurchased the shares at a price of $48.96 per share and sold them at the closing price of the stockgiven in the table.a. Ignoring dividends, what was your profit or loss on the sale of the stock?Answerb. If your broker charges 1.9% of the total sale price, what was the broker's commission?Answer

Profit or loss on the stock sale Profit or loss on the stock sale is calculated as shown below.…

Selected Stocks from the Dow Jones Industrial Average for a Day in 2015 me 8 DRES OGS Symbol Open High Low Close Net % chg Chg F APPL AHMON INI 113.8 115.0 113.6 115.0 1.73 1.51 416541 134.54 1 1 1 00 697630 158.83 4 BA 141.1 146.4 141.0 145.4 5.09 1 3 ationa IBM 140.4 143.7 140.3 142.7 3.14 2.2 5 7532- 2 1590 3.5 Vohme 15 ONO 0 558320 52- week 0 176.3 52- week low 92. 2.08 Div Yield PE YTD %chg 115.02 4.36 118. 5.20 2.14 3.63 10.0 8.48 S 15.8 0.56 4.17 9.16 3.59

Selected Stocks from the Dow Jones Industrial Average for a Day in 2015 me 8 DRES OGS Symbol Open High Low Close Net % chg Chg F APPL AHMON INI 113.8 115.0 113.6 115.0 1.73 1.51 416541 134.54 1 1 1 00 697630 158.83 4 BA 141.1 146.4 141.0 145.4 5.09 1 3 ationa IBM 140.4 143.7 140.3 142.7 3.14 2.2 5 7532- 2 1590 3.5 Vohme 15 ONO 0 558320 52- week 0 176.3 52- week low 92. 2.08 Div Yield PE YTD %chg 115.02 4.36 118. 5.20 2.14 3.63 10.0 8.48 S 15.8 0.56 4.17 9.16 3.59

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

Problem 5FPE

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