Given the Following Stock Quotation, Find the Highest Price During

question 103

Multiple Choice

Given the following stock quotation, find the highest price during the last year. $$\begin{array} { l l l l l l l l l } \hline\text { Pfizer } & \text { PFE } & 15.98& 16.12&10.09&0.19 & 38,227,823& 20.36 &14.00&0.72 \\\hline\end{array}$$

• A) 20.36
• B) 15
• C) 14
• D) 38.227

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Definitions:

Business Investors

Individuals or entities that allocate capital with the expectation of receiving financial returns, typically into companies or projects.

Debt Financing

The method of raising capital through the sale of bonds, bills, or notes to individuals or institutional investors which must be repaid at a later date.

Equity Financing

The process of raising capital through the sale of shares in a company.

Term

The time until a debt security’s principal is due to be repaid. Also called the debt’s maturity or time until maturity.