Stock Values
Presented Below Is an Excerpt from the Stock

question 126

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?
$\begin{array}{|l|c|c|c|c|c|c|c|c|}\hline & & \text { Yld } & & \text { Vol } & & & & \text { Net } \\\hline & \text { Div } & \% & \text { PE } & 100 \mathrm{~s} & \mathrm{Hi} & \text { Lo } & \text { Close } & \text { Chg } \\\hline \text { Rus } & 1.55 & 2.4 & 20 & 1640 & 221 / 4 & 18 & 18 & -41 / 4 \\\hline\end{array}$

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Definitions:

Income

Funds accrued regularly from work performed or assets invested.

Good Y

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A beverage made from lemon juice, water, and sweeteners, often homemade and sold during warm weather for refreshment.