Name _____________________________________________________________ Date ________________________
1-5 Stock Market Ticker
Exercises
Use the following ticker to answer Exercises 1 - 6. The stock symbols represent the
corporations: C, CitiGroup Inc; BAC, Bank of America; F, Ford Motor Corp; and MOT, Motorola.
MOT 4.2K @ 8.38
0.16 BAC .65K @ 15.28
F 61.8K @ 9.67
1.11
2.07 C 76K @ 3.42
0.09
1. Millie is following the trades of Motorola. The result of the latest trade is posted on the ticker.
a. How many shares of MOT were traded and at what price per share?
4,200; $8.38
b. What was the value of the MOT trade?
$35,196
c. Suppose the next MOT trade represents a sale of 1,200 shares at a price that is $0.23 lower
than the last transaction. What will Millie see scrolling on the ticker for this transaction?
MOT 1.2K@8.15 T0.39
2. Susan sold her Bank of America shares as indicated on the ticker above.
a. How many shares did she sell?
650
b. For how much did each share sell?
$15.28
c. What was the total value of all the shares Susan sold?
$9,932
d. Suppose that the next BAC trade that comes across the ticker represents a sale of
34,000 shares at a price that is $2.31 higher than the last transaction. What will Susan
see scrolling across her screen for this transaction of BAC?
BAC 34K@17.59 S3.42
3. How many shares of Ford are indicated on the ticker?
61,800
4. What is the total value of all of the CitiGroup shares traded?
$259,920
5. Interpet each of the following.
a. @3.42
Each share was traded
at $3.42.
4,200 shares of
Motorola were traded.
6. What was the previous day’s closing price for each stock?
MOT $8.54; BAC $14.17; F $11.74; C $3.33
© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied
or duplicated, or posted to a publicly accessible website, in whole or in part.
c. S1.11
b. MOT 4.2K
The trading price
was $1.11 higher
than the previous
day’s closing
price.
Financial Algebra Workbook 1-5
9
Name _____________________________________________________________ Date ________________________
7. Ron knows that JP Morgan Chase & Co has the ticker symbol JPM. What can Ron learn
from the following line of symbols: JPM 0.26K @ 43.43T0.98?
260 shares of JPM were traded at $43.43 per share which is a price that
is $0.98 lower than the previous day’s closing price.
8. For their 16th birthday, Liz gave her twin daughters Adiana and Marina 3,500 shares of IBM
to be split evenly between them. Ten years later, on September 13, the twins sold all of the
shares at a price of $127.91. The closing price of IBM on September 12 was $126.13. How
did this trade appear on the stock ticker?
IBM 3.5K@127.91S1.78
9. Jenna contacted her broker and asked him to sell all 4,000 of her Pepsico (PEP) shares on
Friday as soon as the trading price hit $59.48 per share. Jenna knew that PEP closed at $58
on Thursday. How will her trade appear on the ticker?
PEP 4K@59.48S1.48
Use the following ticker information to answer Exercises 10 - 14. The stock symbols represent
the corporations: BMY, Bristol-Myers Squibb; AA, Alcoa; INTC, Intel Corp; and MSFT, Microsoft.
BMY 0.88K @ 25.87
0.93 AA 78K @ 15.73
INTC 17.9K @ 20.09
1.12
1.06 MSFT 0.81K @ 30.52
2.23
10. Lucinda put in an order for some shares of Bristol-Myers Squibb.
a. As shown on the ticker, how many shares did Lucinda buy and for what price per share?
880; $25.87
b. What was the value of Lucinda’s trade?
$22,765.60
11. Jared has sold his shares of Intel, as indicated on the above ticker.
a. How many shares did he sell and for what price per share?
17,900; $20.09
b. What was the total value of all the shares Jared sold?
$359,611
12. How many shares of Alcoa are indicated on the ticker?
78,000
13. What is the total value of all of the Microsoft shares traded?
$24,721.20
14. Interpet each of the following.
a. AA 1.1K
1,100 shares of Alcoa
were traded.
b. T1.06
c. @15.73
The price was $1.06 lower
than the previous close.
Each share was
traded at $15.73.
15. Write the ticker symbols for each situation.
a. 1,500 shares of RJS at a price of $13.19 which is $0.92 lower than the previous day’s close
RJS 1.5K@13.19 T0.92
b. 38,700 shares of EPZ at $39.22 which is $1.83 higher than the previous day’s close
EPZ 38.7K@39.22 S1.83
10
Financial Algebra Workbook 1-5
© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied
or duplicated, or posted to a publicly accessible website, in whole or in part.