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Assume that the following quote for the Advanced Business Machines stock (traded on the NYSE) was found in the Thursday, December 14, issue of the Wall Street Journal.

1896_a.jpg

Given this information, answer the following questions:

a. On what day did the trading activity occur?

b. At what price did the stock sell at the end of the day on Wednesday, December 13?

c. What is the last price at which the stock traded on the day quoted?

d. How much, if any, of a change in stock price took place between the day quoted and the day before? At what price did the stock close on the daybefore?

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