Question

Read the following stock quote. how much is this stock worth? did it increase or decrease on this day?ford motor company common stock (nyse: f)14.09 .06 (3.9 percent) 1: 11pm edt
a. $14.09, decreaseb. 0.06, decreasec. $14.09; increased. $3.90; increase

Answer 1

Answer:

b. 0.06 decrease

Explanation:

The quote has the following parts

1. Stock Exchange (nyse) where it is listed, in this case New Stock Exchange

2. Trading Symbol (f) Ford motor company has an assigned symbol of F

4. Price in this case it is 14.09

5. The change which is 0.06, from last closing.

6. to determine the direction of change we look at the next component which is the percentage change and given in brackets which indicates that is a negative movement of 3.9 %

9/ The last part of the quote is the time which in this case is 11 pm Eastern daylight time, this indicates it is a closing quote.