JA: Finance Park Unit 1: Lesson 6 Stock Quotations JA: Finance Park Unit 1: Lesson 6

Stocks At JA: Finance Park you will be monitoring stock performance. You will see the stocks rise and fall in value. Learn some of the most common abbreviations got stocks. Learn how to keep records of stock price changes throughout the day.

Key Terms Rate of Return Taxable Investment Tax-Deferred Investment An investment’s percentage change, factoring in dividends, capital gains, and reinvestment of distributions. Taxable Investment An investment, such as dividends or interest, on which taxes on earnings are paid as they are returned. Tax-Deferred Investment An investment not taxed until you withdraw the money and begin to use it.

How Do I Read Stock Quotations? 52 Week High and Low: These columns list the highest and lowest prices at which the stock sold over the past 52 weeks (1 year). Stock: This is the abbreviated company name. Sales in 100s: This is the number of shares traded on the day being reported. This amount must be multiplied by 100 to arrive at the actual number of shares traded. Close: This is the price at which the stock last sold when the stock exchange closed. Net: This is the net change between the closing price for the day being reported and the previous day. The plus sign means the closing price is higher than the day before, and the minus sign means the closing price is lower.

How Do I Read Stock Quotations? High Low Stock Sales in 100s Close Net 48.94 34.88 AAPL 3683 46.44 +.06 36.50 16.75 DIS 997 20.38 +.75 88.44 44.00 RJF 115052 52.81 +3.19 49.00 29.13 HD 54406 44.13 -1.88 47.13 31.13 WMT 2117 43.75 -1.06 What was the price of Apple Computer’s (AAPL) stock at the end of the day? Was the price higher or lower than the day before? How many shares of Home Depot (HD) stock were traded on this day? Which stock had the highest closing price during the year? Which stock would you like to own, and why? $46.44 Higher by .06 5,440,600 RJF RJF: 52-Week High & Low; Net

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Word Map Turn to page 38 and complete the word map for the following words: Rate of Return Taxable Investment Tax Deferred Investment

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Terms Review Rate of Return: An investment’s percentage change, factoring in dividends, capital gains, and reinvestment of distributions. Taxable Investment: An investment, such as dividends or interest, which taxes on earnings are paid as they are returned. Tax Deferred: An investment not taxed until you withdraw the money and begin to use it.

Quiz Why are financial institutions important? How are debit cards used? What is credit? Advantages? Disadvantages? How can you plan for the future? How do you