QUESTION IMAGE
Question
market summary - amazon.com inc
226.89 usd
-2.64 (1.15%) + today
after hours 226.89 0.00 (0.00%)
1d 5d 1m 6m ytd 1y sy max
open 229.59
high 230.83
low 226.27
mkt cap 2.43t
p/e ratio 32.05
div yield -
52 - wk high 258.60
52 - wk low 161.43
qtly div amt -
- if you invested in amazon may 1, 1997, when the stock price was $0.08 per share, and sold on this day, what would be your increase or decrease?
- what was the highest amazon stock price today?
- what was the lowest it has been in the past year?
Question 27:
Step1: Identify Initial and Final Prices
Initial price (May 1, 1997): $0.08 per share.
Final price (today, from the graph): $226.89 per share.
Step2: Calculate Increase/Decrease
Increase = Final Price - Initial Price
Increase = $226.89 - $0.08 = $226.81
Step1: Locate "High" in the Table
In the stock summary table, the "High" value is given.
Step2: Read the High Price
From the table, the "High" (highest price today) is $230.83.
Step1: Locate "52 - wk low" in the Table
In the stock summary table, the "52 - wk low" (lowest in the past year) is provided.
Step2: Read the 52 - wk low Price
From the table, the "52 - wk low" is $161.43.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
The increase would be $226.81.