Question 1

What is the 4-day SMA for the following closing prices: $56,$61,$50,$57,$60,$58,and $57.

Accepted Answer

A)  $56,$61,$50,$57 
B)  $56,$57,$56.25 
C)  $56,$57,$56.25,$58 
D)  $58,$56,$56.25,$57

Question 2

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 $\blacktriangle$ 1.12.

Accepted Answer

A) True 
 B)False

Question 3

A certain corporation listed its sales in 100s as 1,700.What was their actual volume in thousands?

Accepted Answer

The answer of A certain corporation listed its sales in...

Question 4

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.

Accepted Answer

The answer of Chantel purchased $292,565.00 worth of stock and...

Question 5

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?
​

Accepted Answer

The answer of The stock bar chart shows the market...

Question 6

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?

Accepted Answer

The answer of Mrs.Thomas owns 1,500 shares of a corporation...

Question 7

The information released on a particular corporation at closing shows a chg of -2.35.What does this mean?

Accepted Answer

The answer of The information released on a particular corporation...

Question 8

The stock bar chart below shows price and volume information for Medco Health Solutions (MHS)on January 12.What was the opening price? ​  ​

Accepted Answer

A)  $40.92 
B)  $41.60 
C)  $41.14 
D)  $40.920

Question 9

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?

Accepted Answer

A)  34% 
B)  43% 
C)  57% 
D)  80%

Question 10

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?

Accepted Answer

The answer of Three friends are starting a new exercise...

Question 11

Renee made a spreadsheet to calculate the 5-day SMA for the stocks in her portfolio.What formula should Renee put into C7?
​

Accepted Answer

The answer of Renee made a spreadsheet to calculate the...

Question 12

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?

Accepted Answer

The answer of Yesterday's dividend yield at Hewlett Packard was...

Question 13

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.

Accepted Answer

A) True 
 B)False

Question 14

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?

Accepted Answer

The answer of Katelyn owns 140 shares of a stock...

Question 15

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?

Accepted Answer

The answer of Mason purchased Texas Instruments for $45.23 per...

Question 16

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.

Accepted Answer

A) True 
 B)False

Question 17

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?

Accepted Answer

A)  31.7% 
B)  33.2% 
C)  38.2% 
D)  53.7%

Question 18

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.

Accepted Answer

A) True 
 B)False

Question 19

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?

Accepted Answer

The answer of This information was posted at the end...

Question 20

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?

Accepted Answer

A)  $480 
B)  $360 
C)  $140 
D)  $24

Exam 8: The Stock Market

What is the 4-day SMA for the following closing prices: $56,$61,$50,$57,$60,$58,and $57.

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 $\blacktriangle$ 1.12.

A certain corporation listed its sales in 100s as 1,700.What was their actual volume in thousands?

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.

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?

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?

The information released on a particular corporation at closing shows a chg of -2.35.What does this mean?

The stock bar chart below shows price and volume information for Medco Health Solutions (MHS) on January 12.What was the opening price?

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?

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?

Renee made a spreadsheet to calculate the 5-day SMA for the stocks in her portfolio.What formula should Renee put into C7?

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?

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.

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?

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?

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.

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?

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.

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?

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?

Exam 8: The Stock Market

What is the 4-day SMA for the following closing prices: $56,$61,$50,$57,$60,$58,and $57.

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 ▲\blacktriangle▲ 1.12.

A certain corporation listed its sales in 100s as 1,700.What was their actual volume in thousands?

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.

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? ​

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?

The information released on a particular corporation at closing shows a chg of -2.35.What does this mean?

The stock bar chart below shows price and volume information for Medco Health Solutions (MHS) on January 12.What was the opening price? ​ ​

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?

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?

Renee made a spreadsheet to calculate the 5-day SMA for the stocks in her portfolio.What formula should Renee put into C7? ​

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?

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.

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?

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?

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.

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?

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.

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?

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?

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 $\blacktriangle$ 1.12.

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?

The stock bar chart below shows price and volume information for Medco Health Solutions (MHS) on January 12.What was the opening price?

Renee made a spreadsheet to calculate the 5-day SMA for the stocks in her portfolio.What formula should Renee put into C7?