Stock Values Presented Below Is an Excerpt from the Stock Listings of Listings

question 67

Essay

Stock values
Presented below is an excerpt from the stock listings of a recent issue of the Wall Street Journal.
Answer the following questions based on the information about the Russell Corporation given above:
(a) How many shares of Russell Corporation stock were sold on this day?
(b) If you had purchased 10 shares of Russell Corporation stock at the lowest price of the day, what would be the total price that you would have paid for the stock?
(c) What was the closing price of Russell Corporation Stock on the previous day?
(d) If the board of directors of Russell Corporation increased the amount of the annual dividends to $1.00 per share, what would be the amount of the yield percentage on the stock?

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Definitions:

Department Supervisors

Individuals responsible for overseeing the operations of a specific department within an organization, managing employees and resources.

Restrictive Endorsement

A limitation placed on the use of a check or other negotiable instrument, specifying the conditions under which it can be transferred.

Blank Endorsement

A signature on a financial instrument, such as a check, that specifies no particular payee, allowing any holder of the instrument to cash or deposit it.

Rubber Stamp

A tool used to imprint designs or text on a surface with ink, often used metaphorically to describe automatic approval without careful consideration.