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Problem 3-1 Stock Quotations (LO2, CFA3) You found the following stock quote for DRK Enterprises, Inc., at your favorite website. You also found that the
Problem 3-1 Stock Quotations (LO2, CFA3) 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 1.30 percent. DAILY Close Company DRK Enterprises Symbol DRK Vol 18,649, 130 Chg .26 %Chg .36% YTD %Chg 8.73% High 78.19 52 WEEK Low 51.74 %Chg 11.0% a. What was the closing price for this stock yesterday? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Closing price b. How many round lots of stock were traded? (Round your answer to the nearest whole round lot.) Traded lots
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