The index closed at 1856554 which was up 14340 that day


1) On March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 18,565.54, which was up 143.40 that day. What was the return (in percent) of the stock market that day? (Round your answer to 2 decimal places.)

2) Our discount brokerage firm charges $8.25 per stock trade.

How much money do you need to buy 230 shares of Pfizer, Inc. (PFE), which trades at $30.52? (Round your answer to 2 decimal places.)

3) Your full-service brokerage firm charges $190 per stock trade.

How much money do you receive after selling 220 shares of Nokia Corporation (NOK), which trades at $28.12? (Round your answer to 2 decimal places.)

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Financial Management: The index closed at 1856554 which was up 14340 that day
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