To calculate yesterday's closing price, we use the given Net Change and today's closing price.

Formula:

$\text{Yesterday's Closing Price} = \text{Today's Closing Price} - \text{Net Change}$

Substituting the values:

$\text{Today's Closing Price} = 32.13$ $\text{Net Change} = -0.07$ $\text{Yesterday's Closing Price} = 32.13 - (-0.07) = 32.13 + 0.07 = 32.20$

Final Answer:

Yesterday's closing price is $32.20.

Let me know if you would like further details or have questions. Here are five follow-up questions for exploration:

1. What does a negative net change signify in stock trading?
2. How do we calculate a stock's P/E ratio?
3. What is the significance of EPS (Earnings Per Share) in evaluating a stock?
4. How does dividend yield relate to stock performance?
5. Why is the previous day’s closing price important in market analysis?

Tip: Always pay attention to the direction (positive or negative) of the Net Change while calculating