You found the following stock quote for DRK Enterprises, Incorporated, at your favorite website. You also found that the stock paid a annual dividend of $0.75, which resulted in a dividend yield of 1.30 percent. Company DRK Enterprises Closing price 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. DAILY YTD Symbol Volume Close Change Change Change DRK 18,649,130 77 0.26 0.45% 8.73% $ Traded lots 57.69 b. How many round lots of stock were traded? Note: Round your answer to the nearest whole round lot. 52 WEEK High Low Change 51.74 11.0% 78.19
You found the following stock quote for DRK Enterprises, Incorporated, at your favorite website. You also found that the stock paid a annual dividend of $0.75, which resulted in a dividend yield of 1.30 percent. Company DRK Enterprises Closing price 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. DAILY YTD Symbol Volume Close Change Change Change DRK 18,649,130 77 0.26 0.45% 8.73% $ Traded lots 57.69 b. How many round lots of stock were traded? Note: Round your answer to the nearest whole round lot. 52 WEEK High Low Change 51.74 11.0% 78.19
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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Question
![You found the following stock quote for DRK Enterprises, Incorporated, at your favorite website. You also found that the stock paid ar
annual dividend of $0.75, which resulted in a dividend yield of 1.30 percent.
Company
DRK Enterprises
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.
Closing price
DAILY
YTD
52 WEEK
Symbol Volume Close Change Change Change High Low Change
DRK 18,649,130 ?? 0.26
8.73% 78.19 51.74 11.0%
0.45%
$
Traded lots
57.69
b. How many round lots of stock were traded?
Note: Round your answer to the nearest whole round lot.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F12eb5733-79a5-4c98-a8f1-6dfd47796cde%2F900ef24d-e800-4b49-99eb-dfbcf7dc9e70%2F350nf1b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You found the following stock quote for DRK Enterprises, Incorporated, at your favorite website. You also found that the stock paid ar
annual dividend of $0.75, which resulted in a dividend yield of 1.30 percent.
Company
DRK Enterprises
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.
Closing price
DAILY
YTD
52 WEEK
Symbol Volume Close Change Change Change High Low Change
DRK 18,649,130 ?? 0.26
8.73% 78.19 51.74 11.0%
0.45%
$
Traded lots
57.69
b. How many round lots of stock were traded?
Note: Round your answer to the nearest whole round lot.
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