The following stock exchange data for General Electric was taken from the Yahoo! Finance Web site on

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The following stock exchange data for General Electric was taken from the Yahoo! Finance Web site on April 18, 2008:

Gen Electric Co (NYSE: GE) Prev. Clos: Last Trade: Trade Time: Change: 32.02 36.92 32.27-32.57 31.55-42.15 25,922,495 32

a. If you owned 500 shares of GE, what amount would you receive as a quarterly dividend?

b. Compute the percentage increase in price from the Previous Close to the Last Trade. Round to two decimal places.

c. What is GE’s percentage change in market price from the 52 week low to the Previous Close on April 17, 2008? Round to one decimal place.

d. If you bought 500 shares of GE at the Last Trade price on April 18, 2008, how much would it cost, and who gets the money?

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Dec 11, 2011 05:25 AM

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The following stock exchange data for General Electric was taken from the Yahoo! Finance Web site on

Question:

Gen Electric Co (NYSE: GE) Prev. Clos: Last Trade: Trade Time: Change: 32.02 36.92 32.27-32.57 31.55-42.15 25,922,495 32.5815 1y Target Est: 11:03 AM ET Day's Range: 52wk Range: Volume: 40.5615 (1.75%)

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a 500 shares 124 4 155 b 175 325815 32023202 c 149 3202 31553155 d 500 ...View the full answer

Accounting

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