Question 1
Provide an appropriate response.
True or False? People who buy bonds own a share of a company, same as when they buy stock in the company.
◦ True
◦ False
Question 2
Refer to the stock table to answer the questions. Where necessary, round dollar amounts to the nearest cent.
Use the stock table for Icarus to answer the following questions.
a. What were the high and low prices for the last 52 weeks?
b. If you owned 1000 shares of Icarus stock last year, what is the dollar amount of the dividend you received?
c. What is the annual return for dividends alone?
d. How many shares of Icarus were traded yesterday?
e. What were the high and low prices for Icarus shares yesterday?
f. What was the price at which Icarus traded when the stock exchange closed yesterday?
g. What does ... in the net change column mean?
h. Compute Icarus's annual earnings per share using
Annual earnings per share =
.
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