Class 14, Problem 14-SHOW and EXPLAIN all of your work! Use the given stock tabl
ID: 2656310 • 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 Net %chg Vol 52 Wk 52 Wk 100s High Low YTD Symbol Open High Low Close Div Yield PE 14.35 14.61 14.30 14.54 0.20 1.39 16870316.037.80 0.28 1.93 16.16 1.25 VMC 130.71 130.71 128.31 128.33-2.38-1.82 7578 138.18 105.71 1.00 0.78 41.26 2.54 77.55-4.53 47.32 47.34 46.27 46.29 -0.96-2.03 8962 47.8936.97 0.96 2.07 17.34 12.25 MPW13.32 13.32 13.0913.23 -0.11-0.82 27827 15.91 11.540.96 7.26 15.757.56 EGN 54.11 55.1453.8055.06 1.31 2.44 21846 64.4442.69 HLS I. 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 3. 4. 5. whether it is lower or higher What are the sales for the day for EGN? Explain. What is the year-to-date percentage change for RF? 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 $100 + 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
Q1.
The closing price of MPW is 13.23 and it is given in 5th colum in the table
Q2.
Percentage chamge for VMC as compared to previous day is -1.82% (given in 7th column ) and this is lower than the previous year
Q3.
Sales for EGN share are the volume traded on this day and it is 21,846,000
Q4.
YTD change for RF is 1.52% and it is given in last column
Q5
Closing price of MPW is 13.23
Total share = 500
Cost of buying 500 share = share price * Number of share
=13.23 * 500 = 6,615
Q6.
Brokerage fees = $100
0.22% of brokerage = 6,615 * 0.22 /100 = 14.53
Total brokerage = $100 + $ 14.53 = $114.53