Math Problem Statement
Question content area top Part 1 Use the stock table below to answer parts a through g. Assume that the data for Company XYZ stock came from an online quote you looked at during lunch. Company XYZ (XYZ)
Market Cap ($ millions) 87 comma 157 Last Change %Change Volume P/E ratio 17.59 15.89 plus0.38 2.45 68 comma 000 comma 000 Open High Low Dividend (latest quarter) 0.74 14.17 16.28 13.26 52-Week High 52-Week Low Dividend Yield 18.63% 21.08 11.13 Shares Outstanding (millions) 5485 Question content area bottom Part 1 a. What is the symbol for Company XYZ stock? The symbol is XYZ. Part 2 b. What was the price per share at the end of the day yesterday? $ 15.51 (Round to the nearest cent as needed.) Part 3 c. Based on the current price, what is the total value of the shares that have been traded so far today? $ 1,081 million (Round to the nearest whole number as needed.) Part 4 d. What percentage of all Company XYZ shares have been traded so far today? 1.24% (Round to the nearest hundredth as needed.) Part 5 e. Suppose you own 50 shares of Company XYZ. Based on the current price and dividend yield, what total dividend should you expect to receive this year? $______? enter your response here (Round to the nearest cent as needed.)
Solution
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Math Problem Analysis
Mathematical Concepts
Stock Market Mathematics
Percentages
Multiplication
Dividend Yield Calculations
Formulas
Yesterday's price = Current price - Today's change
Total value = Volume traded × Current price
Percentage traded = (Volume traded / Shares outstanding) × 100
Dividend per share = Dividend yield × Current price
Total dividend = Dividend per share × Number of shares owned
Theorems
Basic Stock Market Math Theorems
Percentage Calculation
Suitable Grade Level
Grades 9-12
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