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