Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You are given the following information concerning the trades made on a particular stock. Calculate the money flow for the stock based on these trades.
You are given the following information concerning the trades made on a particular stock. Calculate the money flow for the stock based on these trades. (Leave no cells blank - be certain to enter "0" wherever required. A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest whole dollar.)
Price | Volume | |||||
$ | 70.03 | |||||
70.06 | 2,800 | |||||
70.04 | 2,300 | |||||
70.03 | 2,700 | |||||
69.04 | 2,850 | |||||
70.34 | 3,600 | |||||
70.25 | 3,900 | |||||
Price Up/Down Down Price Times Volume Positive Money Negative Money Flow | Flow Flow Net Money Flow $ 70.03 70.06 70.04 70.03 69.04 70.34 70.25 Money flow at the end of the day
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started