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The following problem refers to the stock table for ABC Inc. (a tire company) given below. Use the stock table to answer the following
The following problem refers to the stock table for ABC Inc. (a tire company) given below. Use the stock table to answer the following questions. Where necessary, round the dollar amounts to the nearest cent. 52-Week High 74.17 Low Yld Vol Net Hi Lo Close Chg SYM Div % PE 100s Stock 44.97 ABC Inc. ABC 1.81 1.7 17 5915 55.18 53.08 54.65 +1.13 b. If you owned 700 shares of this stock last year, what dividend did you receive? c. What is the annual return for the dividends alone? How does this compare to a bank offering a 3% interest rate? % OA. The yield is lower, and investing in the bank account is always the best option in this case. OB. The yield is lower, but there is still the potential to get a better return on the stock investment. d. How many shares of this company's stock were traded yesterday? shares e. What were the high and low prices for a share yesterday? High price: $ Low price: $ f. What was the price at which a share traded when the stock exchange closed yesterday? g. What was the change in price for a share of stock from the market close two days ago to yesterday's market close? +$ h. Compute the company's annual earnings per share using Annual earnings per share= Yesterday's closing price per share PE ratio Next
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