Question
On March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 25,634.53, which was up 161.00 that day. What
On March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 25,634.53, which was up 161.00 that day.
What was the return (in percent) of the stock market that day? (Round your answer to 2 decimal places.)
Your full-service brokerage firm charges $140 per stock trade.
How much money do you receive after selling 170 shares of Nokia Corporation (NOK), which trades at $27.03? (Round your answer to 2 decimal places.)
You would like to sell 160 shares of Xenith Bankshares, Inc. (XBKS). The current ask and bid quotes are $4.24 and $4.20, respectively. You place a limit sell order at $4.23.
If the trade executes, how much money do you receive from the buyer?
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