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| Chapter 4:Rational Numbers: Positive and Negative Fractions Numbers in the Real World |
Taking Stock
The following table shows market prices for selected companies.
Stock prices show parts of a dollar as fractions. For instance, 24
1/2 = $24.50, 17 3/8 = $17.375, etc.
| AMEX Most Active | |||||
|---|---|---|---|---|---|
| Name | Close | Change | Volume | Annual High | Annual Low |
| STANDARD&POORS DEPOSITORY R | 92 5/8 | + 11/32 | 3.462M | 96 5/8 | 64 3/8 |
| Nabors Industries, Inc. | 29 7/16 | - 5/8 | 849,800 | 32 7/8 | 13 |
| Forest Laboratories, Inc. | 42 3/4 | -1 7/16 | 792,400 | 48 5/16 | 28 1/4 |
| Amdahl Corporation | 11 15/16 | 0 | 728,700 | 14 | 8 1/8 |
| Hasbro, Inc. | 28 5/8 | + 1/4 | 689,300 | 31 1/8 | 22 7/8 |
| New York Times Company, The | 46 | + 3/16 | 631,300 | 53 5/8 | 30 1/4 |
| Viacom, Inc. | 30 7/8 | + 3/8 | 599,600 | 38 3/4 | 25 1/4 |
| Air and Water Technologies C | 3 9/16 | - 3/16 | 568,100 | 9 1/2 | 2 1/4 |
| Source: American Stock Exchange. | |||||
List the price (in dollars and cents) for Nabors, Inc.
for Hasbro, Inc. for Forest, Inc.
Which company had the greatest fluctuation in stock price over the past year? How much?
Which company has a price today that is closest to their annual low?
How close?
Which company has a price today that is closest to their annual high?
How close?
Given the change from yesterday's close (Change) and today's close (Close),
compute yesterday's close for:
Forest, Inc. Hasbro, Inc. Standard
& Poors
If you bought 120 shares of Forest, Inc., stock at its lowest price of the
year, how much is that stock worth now?
How much equity do you have in the stocks today?
If you have $150 to invest, how many shares could you buy of each stock?
You can only buy whole shares.
New York Times Viacom, Inc.
Nabors, Inc.
How many total shares of Forest, Inc. are there?
What is their total worth?