You found the following stock quote for DRK Enterprises, Inc., at your favorite website. You also found that thestock paid an annual dividend of $.93, which resulted in a dividend yield of 1.2 percent.YTDCompanyDRK EnterprisesSymbolDRKDAILYVol Close Chg18,649,130 ??26%Chg0.36%%Chg8.73%a. What was the closing price for this stock yesterday? (Do not round intermediate calculations. Round youranswer to 2 decimal places.)

Variables in the question:Annual dividend=$0.93Dividend yield=1.2%

You found the following stock quote for DRK Enterprises, Inc., at your favorite website. You also found that the stock paid an annual dividend of $.93, which resulted in a dividend yield of 1.2 percent. Company DRK Enterprises Symbol DRK DAILY Vol Close 18,649,130 ?? Chg 26 %Chg 0.36% YTD %Chg 8.73% a. What was the closing price for this stock yesterday? (Do not round intermediate answer to 2 decimal places.) lations. Round your

You found the following stock quote for DRK Enterprises, Inc., at your favorite website. You also found that the stock paid an annual dividend of $.93, which resulted in a dividend yield of 1.2 percent. Company DRK Enterprises Symbol DRK DAILY Vol Close 18,649,130 ?? Chg 26 %Chg 0.36% YTD %Chg 8.73% a. What was the closing price for this stock yesterday? (Do not round intermediate answer to 2 decimal places.) lations. Round your

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

See similar textbooks

Similar questions

Smith Enterprises recently was profiled on a financial information website and touted as a "hot" growth stock. You acquired the stock quote shown here from that website. Smith Enterprises (AMEX: SME) Last Trade: 51.63 Day’s Range: 47.22 – 51.96 Trade Time: 4:00 PM ET 52wk Range: 25.48 – 60.71 One-Day Stock Return: 12.09% Volume: 1,419,317 Prev. Close: 46.06 Avg. Vol. (3m): 629,072 Open: 47.25 Market Cap: 1.63B Bid: N/A P/E (ttm): 23.58 Ask: N/A EPS (ttm): 1y Target Est: 55.40 Div. & Yield: 0.20 (0.40%) The last trade time is shown to be at 4:00 PM Eastern Time. The abbreviation “ttm” stands for “trailing twelve months,” and the number shown reflects data from the previous 12 months. The abbreviation “3m” reflects data from the previous 3 months. What exchange does Smith Enterprises trade on? DAX SME NASDAQ FTSE AMEX What is Smith’s earnings per share (EPS) for the trailing 12 months? $1.75…
Please help with this question
Using the data in the table to the right, calculate the return for investing in the stock from January 1 to December 31. Prices are after the dividend has been paid. Return for the entire period is. (Round to two decimal places.) Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Price $31.42 $31.65 $28.33 $31.96 $39.34 $42.32 Dividend D $0.22 $0.21 $0.19 $0.19 1
Vijay
Raghubhai
You found the following stock quote for DRK Enterprises, Incorporated, at your favorite website. You also found that the stock paid an annual dividend of $0.75, which resulted in a dividend yield of 1.60 percent. Company DRK Enterprises Closing price Symbol Volume Close DRK 18,649, 130 ?? DAILY Change 0.26 Traded lots a. What was the closing price for this stock yesterday based on today's closing price? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. How many round lots of stock were traded? Note: Round your answer to the nearest whole round lot. Change 0.55% YTD %Change 8.73% High 78.19 52 WEEK Low 29.46 Change 11.0%
Smith Enterprises recently was profiled on a financial information website and touted as a "hot" growth stock. You acquired the stock quote shown here from that website. Smith Enterprises (NASDAQ: SME) Last Trade: Trade Time: One-Day Stock Return: Prev. Close: Open: Bid: Ask: 1y Target Est: O FTSE What exchange does Smith Enterprises trade on? OAMEX 51.63 4:00 PM ET 12.09% 46.06 47.25 O SME O DAX N/A N/A 55.40 O NASDAQ Day's Range: 52wk Range: Volume: Avg. Vol. (3m): Market Cap: P/E (ttm): EPS (ttm): Div. & Yield: The last trade time is shown to be at 4:00 PM Eastern Time. The abbreviation "ttm" stands for "trailing twelve months," and the number shown reflects data from the previous 12 months. The abbreviation "3m" reflects data from the previous 3 months. 47.2251.96 What is Smith's earnings per share (EPS) for the trailing 12 months? 25.48 60.71 1,419,317 1,921,518 1.63B 23.58 0.20 (0.40%)
One year ago, KJ Industries stock sold for $52 a share. Over the past year, the stock has returned 16.0 percent with half of that return coming from dividend income. What is the current price of this stock? Multiple Choice O о O $56.16 $47.84 $60.32 $43.68
You have found the following stock quote for RJW Enterprises, Incorporated, in the financialpages of today's newspaper. YTD % Change Stock SYM YLD PE Last Net Change -1.1 RJWEnterprises RWJ 2.5 15 108.00-.42 a. What is the annual dividend? (Do not roundintermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Whatwas the closing price for this stock that appeared in yesterday's paper c. If the companycurrently has 30 million shares of stock outstanding, what was net income for the most recentfour quarters? (Do not round intermediate calculations and enter your answer in dollars, notmtermediate calculations and round your answer to 2 decimal
Use the following stock table to find the most recent dividend. 52-WK Week's High Low Tick Vol. Sym 100s Name 16.88 8.78 Idno Tech ITX 32112 5.3 97 13.79 0.09 Yld P/E Last Chg. The most recent dividend for Idno Tech is Earnings Latest This Next Div Year Year Year Amt. 0.35 -0.62-0.01 0.09 ***
If Big Amp, Inc. stock closed at OMR36 and the current quarterly dividend is OMRO.75 per share, what dividend yield would be reported for the stock in The Wall Street JournalR
A share of common stock has just paid a dividend of $2.00. If the expected long-run growth rate for this stock is 7%, and if investors require a (n) 11% rate of return, what is the price of the stock? $47.50 $49.00 $50.50 $52.00 $53.50

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS