Assume that the following quote for the Advanced Business Machines stock (traded on the NYSE) was found
Question:
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Given this information, answer the following questions:
a. On what day did the trading activity occur?
b. At what price did the stock sell at the end of the day on Wednesday, December 13?
c. What is the last price at which the stock traded on the day quoted?
d. How much, if any, of a change in stock price took place between the day quoted and the day before? At what price did the stock close on the daybefore?
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Related Book For 
Principles of managerial finance
ISBN: 978-0132479547
12th edition
Authors: Lawrence J Gitman, Chad J Zutter
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