The Wall Street Journal reported the following stock exchange information for General Electric Co. on January 18, 2005:
a. If you owned 500 shares of GE, what amount would you receive as a quarterly Calculate and prove the yield. Round to two decimal places.
c. What is GE’s percentage change in market price from the January 17, 2005, close? Round to two decimal places.
d. What was the price of GE at the beginning of the first trading day of the year? (Hint: Use the YTD % CHG column and the current price.)
e. If you bought 500 shares of GE at the close price on January 18, 2005, how much would it cost, and who gets themoney?
