13. Stock quotes - Looking up a stock priceThe price of a stock is largely influenced by supply and demand. When more people want to buy a stock, the price goes _______ . By contrast, when more people want to sell a stock, the price goes_________ . You can look up the current price for a stock, and other important numerical measures, by searching for the company (or the stock’s trading symbol) on popular financial or investing websites. Many newspapers also publish abbreviated information in the financial section for many common stocks, bonds, and mutual funds.The following table represents the format of typical price quotes for various stocks that would appear in the financial section of a newspaper:YTD52 WEEKS YLD VOL NET% CHGHILOSTOCK (SYM)DIV%PE100SLASTCNG+9.2556.3139.04Global CommunicationsGC0.360.7223.175809350.06+1.82+18.8748.5736.55GermCorpGERM0.140.3020.48813447.05–1.94–33.7520.8110.68Gold Locator Co.GLC0.504.0812.081542312.25–1.96+11.6838.3427.62Gummy Worms Inc.GW0.230.6515.182336135.31–0.16 The abbreviated trading symbol for Global Communications stock is_________ . The price of the final trade of Global Communications stock before the market closed on the previous day is $____. Enter all values as positive.Since the close of market on the previous day, the price of Global Communications stock ______by $_____. In the past year, the price of Global Communications stock reached a maximum price of $_______and a minimum price of $_______ .Enter all values as positive.Since January 1 of the current calendar year, the price of Global Communications stock has ______by_______%. Based on the previous quarterly dividend issued by Global Communications, the estimated annual dividend amount for Global Communications is $________. Expressed as a percentage of dividend income, the yield of Global Communications stock (to two decimal places) is________%. According to the provided stock quote table, the number of individual shares of Global Communications stock that were traded on that day was________.

The curve that depicts various quantities of goods and services being demanded by individuals is…

Answered: The price of a stock is largely…

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter17: Financial Markets

Section: Chapter Questions

Problem 34CTQ: You and your friend have opened an account on E-Trade and have each decided to select five similar...

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13. Stock quotes - Looking up a stock price

The price of a stock is largely influenced by supply and demand. When more people want to buy a stock, the price goes _______ . By contrast, when more people want to sell a stock, the price goes_________ .

You can look up the current price for a stock, and other important numerical measures, by searching for the company (or the stock’s trading symbol) on popular financial or investing websites. Many newspapers also publish abbreviated information in the financial section for many common stocks, bonds, and mutual funds.

The following table represents the format of typical price quotes for various stocks that would appear in the financial section of a newspaper:

YTD	52 WEEKS				YLD		VOL		NET
% CHG	HI	LO	STOCK (SYM)	DIV	%	PE	100S	LAST	CNG
+9.25	56.31	39.04	Global Communications	GC	0.36	0.72	23.17	58093	50.06	+1.82
+18.87	48.57	36.55	GermCorp	GERM	0.14	0.30	20.48	8134	47.05	–1.94
–33.75	20.81	10.68	Gold Locator Co.	GLC	0.50	4.08	12.08	15423	12.25	–1.96
+11.68	38.34	27.62	Gummy Worms Inc.	GW	0.23	0.65	15.18	23361	35.31	–0.16

The abbreviated trading symbol for Global Communications stock is_________ .

The price of the final trade of Global Communications stock before the market closed on the previous day is $____.

Enter all values as positive.

Since the close of market on the previous day, the price of Global Communications stock ______by $_____.

In the past year, the price of Global Communications stock reached a maximum price of $_______and a minimum price of $_______

Enter all values as positive.

Since January 1 of the current calendar year, the price of Global Communications stock has ______by_______%.

Based on the previous quarterly dividend issued by Global Communications, the estimated annual dividend amount for Global Communications is $________. Expressed as a percentage of dividend income, the yield of Global Communications stock (to two decimal places) is________%.

According to the provided stock quote table, the number of individual shares of Global Communications stock that were traded on that day was________.

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