Class 14, Problem 14-SHOW and EXPLAIN all of your work! Use the given stock tabl
ID: 2656163 • Letter: C
Question
Class 14, Problem 14-SHOW and EXPLAIN all of your work! Use the given stock table from the NYSE dated May 17, 2017 to answer the following questions about the top public companies in Alabama, ranked by the latest market capitalization data. "Market cap" refers to the total dollar market value of a company's outstanding shares, and is calculated by multiplying a company's shares outstanding by the current market price of one share. Vol 52 Wk 52 Wk YTD %Ch 14.35 14.61 1430 1454 0.20 1.39 168703 1603 7.80 0.28 1.93 16.16 1.25 VMC130.71 130.71 128.31 128. 331-2.38-182| 7578 138. 18 | 105 71|100|0.78 | 41.26254 77.55-4.53 ASI 47.32-47.34 -4627|46.29 0.961-2.03-8962147.89 36.97 0.9612.07 17.34 12.25 15.75 7.56 Net Ch Symbol Open High Low Close %Chg Div Yield PE 100s High Low RF - · EGN 4.11 55.14 53.8055.06 1.31 2.44 214 64.44 42.69 MPW 13.32 13.32 13.09 13.23 -0.11 -0.82 27827 15.91 1154 0.96 7.26 1. What is the closing price for MPW? 2. What is the net change in price from the previous day for VMC? List the amount and identify whether it is lower or higher. 3. What are the sales for the day for EGN? Explain. 4. What is the year-to-date percentage change for RF? 5. What is the cost of buying 500 shares of stock in MPW? Use closing price and ignore broker fees. Show your work. 6. If there is a broker fee of S100 + 0.22% of principal for buying the 500 shares in MPW, what is the total cost of buying the 500 shares? Show your work.Explanation / Answer
1. 13.23
2. -2.38, yesterday was higher..it was 128.33+2.38=130.71
3. 21846000*1.31
4. 1.25
5. =500*13.23=6615
6. Brokerage fee=100+0.22%*6615=114.553
Total cost=6615+114.553=6729.553