Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help You found the following stock quote for DRK Enterprises, Incorporated, at your favorite website. You also found that the stock paid an annual

please help
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 1.30 percent. Company DRK Enterprises Closing price Symbol Volume DRK 18,649,130 DAILY Traded lots Close Change %Change 0.26 0.45% 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. YTD %Change High 8.73% 78.19 52 WEEK Low %Change 51.74 11.0%
image text in transcribed
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 $075. which resulted in a dividend yield of 130 percent 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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Modeling Using Excel And VBA

Authors: Chandan Sengupta

1st Edition

0471267686, 978-0471267683

More Books

Students also viewed these Finance questions