Question

WASHINGTN POST CO B (NYSE:WPO) LAST TRADE: 677.62 DAY'S RANGE: 676.05-683.00 TRADE TIME: 3:01PM ET 52...

WASHINGTN POST CO B (NYSE:WPO)

LAST TRADE: 677.62 DAY'S RANGE: 676.05-683.00

TRADE TIME: 3:01PM ET 52 WK RANGE: 625.00-885.23

CHANGE: DOWN 0.88 (0.13%) VOLUME: 12,473

PREV. CLOSE: 678.50 AVG. VOL (3M): 24,093.7

OPEN: 679.00 MARKET CAP: 6.45B

BID: 677.62 P/E (ttm) 22.45

ASK: 677.64 EPS (ttm) 30.19

1Y TARGET EST: 855.00 DIV & YIELD: 8.60 (1.30)

1. Using the above information, how much would you receive if you sold a share of Washington Post Stock?

A. $683.00

B. $677.62

C. $678.50

D. $677.64

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Answer #1

Ask rate is the rate at which share is sold.

Bid rate is the rate at which share is purchased.

As mentioned in the question that the ask rate is $677.64 that means share is sold at $677.64.

So correct answer is D) $677.64


answered by: ANURANJAN SARSAM
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