4. Review: The Stock Market

How many shares of Ford were traded?

• 61.8

• 61,800

• 9,670

• 2,070

How much did each share sell for?

• $61.80

• $2.07

• $9.67

• $11.74

What was the previous day's price?

• $7.60

• $2.07

• $9.67

• $11.74

What was the total value of shares traded?

• $597.61

• $597,606

• $725,532

• $127,926

Carl bought 250 shares of Nike stock years ago for $31.42 per share. He sold all 250 shares today for $48.69 per share. What was his gross capital gain?

• $17.27

• $4,317.50

• $7,855

• $12,172.50

During 2003, a share of stock in the Coca-Cola Company sold for $39. During 2008, the price hit $56 per share. Express the increase in price as a percent of the price in 2003. Round to the nearest tenth of a percent.

• 43.6%

• 30.4%

• 17%

• 56%

Fran bought shares in a supermarket chain in early 2008 for $21.11 per share. She sold them later in that same year for $20 per share. Express her loss as percent of the purchase price. Round to the nearest tenth of a percent.

• -5.3%

• -5.6%

• -11.1%

• 20%

If you bought $24,600 worth of stock and paid a 1% commission, and then sold them six months later for $25,050 with a $30 flat fee, what are your net proceeds

• $174

• $450

• $2,040

• $7,311

Taylor bought $3,624 worth of stock last year. He paid his broker a flat fee of $30. He sold the stock this morning for $3,500 and paid his broker 0.5% commission. What were Taylor's net proceeds?

• -$171.50

• -$111.50

• -$76.50

• -$124

Morgan sold his shares of Foot Locker as shown in the ticker. His broker charged his 0.75% commission. How much money did his broker receive?

• $75

• $1,546.39

• $15.46

• $154.64