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Refer to Figure 2.8 and look at the listing for Hrec Holdings. a. How many shares could you buy for $20,000? (Round down your

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Refer to Figure 2.8 and look at the listing for Hrec Holdings. a. How many shares could you buy for $20,000? (Round down your answer to the nearest whole number.) Number of shares b. What would be your annual dividend income from those shares? (Round your answer to 2 decimal places.) Annual dividend income c. What must be Hrec Holdings's earnings per share? (Round your answer to 2 decimal places.) Earnings per share d. What was the firm's closing price on the day before the listing? (Round your answer to 2 decimal places.) Yesterday's closing price NAME SYMBOL CLOSE NET CHG VOLUME Herbalife Nutrition HLF 57.94 -1.39 Herc Holdings HRI 26.86 -0.71 1,149,773 52 WK 52 WK HIGH LOW YTD DIV YIELD P/E %CHG 60.41 34.16 1.20 2.07 47.75 -1.71 389,826 72.99 24.16 3.10 3.35 Heritage Insurance Holdings HRTG 14.57 -0.38 Hersha Hospitality Trust CIA HT 16.59 -0.16 Hershey HSY Hertz Global Holdings HTZ Hess Corp. HES Hess Midstream Partners HESM Hewlett Packard Enterprise HPE 106.24 0.80 13.27 -0.77 42.39 0.15 17.87 0.25 13.18 -0.28 81,929 19.15 12.85 0.24 1.65 732,879 24.16 16.50 1.12 6.75 1,145,889 114.63 89.10 2.89 2.72 2,965,201 25.14 13.01 22.01 -1.02 ...dd -5.42 22.00 -0.88 2.24 -2.78 5,969,511 74.81 35.59 1.00 2.36 ...dd 4.67 47,899 24.51 16.17 1.43 8.00 14.60 5.24 11,756,695 19.48 12.09 0.45 3.41 11.46 -0.23 Figure 2.8 Listing of stocks traded on the New York Stock Exchange Source: WSJ Online, January 4, 2019.

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