## Related questions with answers

Use the following ticker information to answer. The stock symbols represent the following corporations: HD, Home Depot Inc.; S, Sprint Corp; VZ, Verizon Communications Inc.; and XOM, Exxon Mobil Corp.

$\mathrm{HD}\ 32.3 \mathrm{M} @ 126.26 \Delta 1.13\ \mathrm{S}\ 1.1 \mathrm{K} @ 3.33 \nabla 0.78\ \mathrm{VZ}\ 3.32 \mathrm{K} @ 51.02 \Delta 2.27\ \mathrm{XOM}\ 0.66 \mathrm{K} @ 81.75 \nabla 1.58$

Phil sold his shares of Verizon Communications Inc., as indicated on the above ticker. How much did each share sell for?

Solution

VerifiedTake a look at the ticker information given in the book. Find the abbreviation VZ which represents Verizon Communications Inc. The cost (or the amount sold) of shares is represented with @ and some number after it.

In our case, it is written $@51.02$, which means that each share has been sold for $\$51.02$.

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