Question

(3 points) The timeplot below gives the share price in dollars of General Electric stock, with the bar chart giving the volume in millions of shares. The plots are for the one-year period September 2001- September 2002. (Click on the image for a larger view.) (a) if you bought a singie share of słock at the maximum price and sold it at the minimum prike during this one-year period, you would have lost about A. 15 dollars OB, 45 dolars OC. 25 dolars OD. 35 dolars OE. Cannot be determined from the graph (b) The maximum prike per share for this time period was about OA. 41 dolars B. 45 dolars OC. 25 dolars OD, 20 dolars OE. None of the above (c) which of the following is a true statement? OA. There has been a general downward trend in the stock pnce over this time period OB. The price should return to 40 dollars within six months because of the cycle. OC. The price of General Electric stock has been stable for this year OD. There has been a general upward trend in the stock price over this time period OE. None of the above

Answer 1

Soln

Image is not clear, will try best to answer.

a)

Option A 15 Dollars.

Difference = Maximum – Minimum value = 40-25 = 15 Dollars

b)

Option A

41 Dollars.

c)

Option A

There has been a general downtrend in the stick price over the time period.