Use the Following Stock Quotes to Answer This Question

question 24

Multiple Choice

Use the following stock quotes to answer this question:

-What was the previous day's closing price for Baker Co.stock?

• A) $44.70
• B) $54.10
• C) $68.20
• D) $78.10
• E) $80.40

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Definitions:

Common Stock

Shares representing ownership in a corporation, giving holders voting rights and a claim on a portion of the company's profits through dividends.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often including fixed dividends.

Stock Dividend

A payment made by a corporation to its shareholders in the form of additional shares, rather than cash.

Par Value

The face value of a bond or stock, representing the nominal or original value as fixed in the certificate or instrument.