Reading a Stock Page

Stock Symbol Dividend Closing Price Change in price from the

Opening bid of the day

D CP

DaimirC $2.50E 67 7/16 + 13/16

$67.43 + $0.82

YOU MUST BE ABLE TO CONVERT FRACTIONS TO DECIMALS. I HOPE YOU KNOW HOW!!!

 

To Buy a Stock:

Step 1

# of Shares you wish to purchase X the closing price = Share Price

# S x CP = SP

    1. x 67.43 = $6,743.00

Step 2

Share Price X the commission percentage = Commission Fee (CF)

SP x .025 = CF

6743.00 x .025 = $168.58

Step 3

Share Price + Commission Fee = Total Cost (TC)

SP + CF = TC

6743.00 + 168.58 = $6911.58

Step 4

Check Register Notation

Opening Balance $20000.00

1 Check to Broker - 6911.58

Running Balance 130888.42

 

 

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