Exam 8: The Stock Market
Exam 1: Discretionary Expenses35 Questions
Exam 2: Banking Services38 Questions
Exam 3: Consumer Credit38 Questions
Exam 4: Automobile Ownership39 Questions
Exam 5: Employment Basics39 Questions
Exam 6: Income Taxes40 Questions
Exam 7: Independent Living39 Questions
Exam 8: The Stock Market40 Questions
Exam 9: Modeling a Business36 Questions
Exam 10: Planning for Retirement41 Questions
Exam 11: Prepare a Budget36 Questions
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What is the 4-day SMA for the following closing prices: $56,$61,$50,$57,$60,$58,and $57.
(Multiple Choice)
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Xavier bought 4,000 shares of XYZ stock at $17.37 per share.This price was down $1.12 from the previous day's closing price.The ticker for this transaction will appear as XYZ 4K@ 17.37 1.12.
(True/False)
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A certain corporation listed its sales in 100s as 1,700.What was their actual volume in thousands?
(Short Answer)
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Chantel purchased $292,565.00 worth of stock and paid her broker a 1% broker fee.She sold the stock when it increased to $436,527.00 three years later and used a discount broker that charged $140 per trade.Determine Chantel's net proceeds after all broker fees were paid.
(Essay)
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The stock bar chart shows the market action for Dell during the week of May 4.What was the day's close on May 8?


(Short Answer)
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Mrs.Thomas owns 1,500 shares of a corporation that pays a quarterly dividend of $0.36 a share.How much in dividends did she receive last year?
(Essay)
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The information released on a particular corporation at closing shows a chg of -2.35.What does this mean?
(Essay)
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The stock bar chart below shows price and volume information for Medco Health Solutions (MHS)on January 12.What was the opening price?

(Multiple Choice)
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Steve and Elizabeth decide to become partners in a children's cooking school.They need $80,000 for the franchise.They invest in a 3:4 ratio,respectively.About what percent of the business is owned by Elizabeth?
(Multiple Choice)
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Three friends are starting a new exercise equipment franchise.Their investments are in the ratio of 5:7:11.The smallest investor is contributing $75,000.What is the largest investor contributing?
(Essay)
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Renee made a spreadsheet to calculate the 5-day SMA for the stocks in her portfolio.What formula should Renee put into C7?


(Short Answer)
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Yesterday's dividend yield at Hewlett Packard was 1.49%.If HP's annual dividend is $0.44 and its closing stock price today was up 7.25%,what is Hewlett Packard's dividend yield today?
(Essay)
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Rebecca correctly calculated the 3-day SMA of these stock prices $11,$14,$13,$11,and $12 as $12.67,$12.67,and $12.00.
(True/False)
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Katelyn owns 140 shares of a stock that sells for $39 a share before a 3-for-2 split is announced.After the split,how many shares of the stock will Katelyn own and what will they be worth?
(Essay)
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Mason purchased Texas Instruments for $45.23 per share and plans to sell the shares when the stock price rises 25%.If Texas Instruments is currently selling for $52.00,what percent increase does Mason need to issue the sell order?
(Essay)
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Roxanne placed a limit order.This means she specified the price that she would pay for a stock.If the stock does not fall to that price,then the stocks are not purchased.
(True/False)
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Marcy owns common stock in Rex's Pet Planet.The annual dividend is $2.05.The current price is $5.37.What is the yield of the stock?
(Multiple Choice)
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When there is a fractional part of a share,the company will buy the fractional share at current prices,because fractional shares are not traded.
(True/False)
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This information was posted at the end of the trading day on June 12.
What was the closing price of CAT Ltd on June 11?

(Essay)
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Sunni bought a $500 corporate bond.The bond pays 4.8% interest per year.If Sunni holds the bond for 15 years,how much will Sunni receive in interest?
(Multiple Choice)
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