Question

note: please make sure to properly format your answers. all dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). all percentage values in the answers need to include a percentage sign (%). for all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.06).
use the following information posted at the end of the trading day on april 22 to answer exercises 1-7.

52-week high

52-week low

symbol

stock

last

change

volume

high

low

----

----

----

----

----

----

----

----

----

232,420

198,600

brk-a

berkshire hathaway

199,740

+35

186

198,800

198,700

51.44

38.06

vz

verizon

51.19

+0.04

5,039,967

51.30

50.78

124.83

87.50

mcd

mcdonalds

116.34

-1.13

3,462,877

118.50

115.12

69.19

47.25

nke

nike

62.74

+0.37

5,149,577

63.49

62.58

52.77

34.61

dal

delta airlines

48.02

-1.18

6,256,770

49.45

47.70

145.80

102.54

tm

toyota

105.42

-0.15

174,283

105.98

104.63

determine the closing price on april 21 for each of the following stocks.a. delta airlinesb. verizon

Explanation:

Step1: Relate closing prices

April 21 closing price = April 22 Last price - Change

Step2: Calculate Delta Airlines price

$\text{Delta Airlines: } 48.02 - (-1.18) = 48.02 + 1.18 = 49.20$

Step3: Calculate Verizon price

$\text{Verizon: } 51.19 - (+0.04) = 51.19 - 0.04 = 51.15$

Answer:

a. Delta Airlines: 49.20
b. Verizon: 51.15