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%

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
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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%
Transcribed Image Text: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%
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