Chapter 8.5, Problem 19E

Exercises 19 and 20 refer to the stock tables for Goodyear (the tire company) and Dow Chemical given below. In each exercise, use the stock table to answer the following questions. Where necessary, round dollar amounts to the nearest cent.

a. What were the high and low prices for a share for the past 52 weeks?

b. If you owned 700 shares of this stock last year, what dividend did you receive?

c. What is the annual return for the dividends alone? How does this compare to a bank offering a 3% interest rate?

d. How many shares of this company’s stock were traded yesterday?

e. What were the high and low prices for a share yesterday?

f. What was the price at which a share last traded when the stock exchange closed yesterday?

g. What was the change in price for a share of stock from the market close two days ago to yesterday’s market close?

h. Compute the company’s annual earnings per share using Annual earnings per shares

$=\frac{Yesterday\text{'}clo\sin gpricepershare}{PEratio}$

52-Week High	52-Wcck Low	Stuck	SYM	Div	Yld %	PE	Vol 100s	Hi	Lu	Close	Net Chg
73.25	45.44	Goodyear	GT	1.20	2.2	17	5915	56.38	54.38	55.50	+1.25