Refer to Figure 2.8 and look at the listing for Hess Midstream Partners. a. How many shares could you buy for $5,000? (Round down your answer to the nearest whole number.) > Answer is complete but not entirely correct. Number of shares 186 b. What would be your annual dividend income from those shares? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. $ 0.00 x Annual dividend income

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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NAME
Herbalife Nutrition
Herc Holdings
Heritage Insurance Holdings HRTG
Hersha Hospitality Trust CIA
HT
Hershey
HSY
HTZ
SYMBOL CLOSE NET CHG
57.94 -1.39
26.86 -0.71
14.57
-0.38
Hertz Global Holdings
Hess Corp.
Hess Midstream Partners
HLF
HRI
HES
HESM
Hewlett Packard Enterprise HPE
16.59 -0.16
106.24
0.80
-0.77
13.27
42.39 0.15
17.87 0.25
13.18 -0.28
VOLUME
DIV YIELD P/E
1,149,773 60.41
389,826 72.99
81,929 19.15
732,879 24.16
1,145,889 114.63
52 WK 52 WK
HIGH LOW
34.16 1.20 2.07 47.75 -1.71
24.16
3.10 3.35
12.85 0.24 1.65 22.01 -1.02
2,965,201 25.14
16.50 1.12 6.75 ...dd -5.42
89.10 2.89 2.72 22.00 -0.88
13.01
2.24 -2.78
35.59 1.00 2.36
...dd
47,899 24.51 16.17 1.43 8.00 14.60
12.09 0.45 3.41 11.46
5,969,511 74.81
11,756,695 19.48
****
****
YTD
%CHG
Figure 2.8 Listing of stocks traded on the New York Stock Exchange
Source: WSJ Online, January 4, 2019.
4.67
5.24
-0.23
Transcribed Image Text:NAME Herbalife Nutrition Herc Holdings Heritage Insurance Holdings HRTG Hersha Hospitality Trust CIA HT Hershey HSY HTZ SYMBOL CLOSE NET CHG 57.94 -1.39 26.86 -0.71 14.57 -0.38 Hertz Global Holdings Hess Corp. Hess Midstream Partners HLF HRI HES HESM Hewlett Packard Enterprise HPE 16.59 -0.16 106.24 0.80 -0.77 13.27 42.39 0.15 17.87 0.25 13.18 -0.28 VOLUME DIV YIELD P/E 1,149,773 60.41 389,826 72.99 81,929 19.15 732,879 24.16 1,145,889 114.63 52 WK 52 WK HIGH LOW 34.16 1.20 2.07 47.75 -1.71 24.16 3.10 3.35 12.85 0.24 1.65 22.01 -1.02 2,965,201 25.14 16.50 1.12 6.75 ...dd -5.42 89.10 2.89 2.72 22.00 -0.88 13.01 2.24 -2.78 35.59 1.00 2.36 ...dd 47,899 24.51 16.17 1.43 8.00 14.60 12.09 0.45 3.41 11.46 5,969,511 74.81 11,756,695 19.48 **** **** YTD %CHG Figure 2.8 Listing of stocks traded on the New York Stock Exchange Source: WSJ Online, January 4, 2019. 4.67 5.24 -0.23
Refer to Figure 2.8 and look at the listing for Hess Midstream Partners.
a. How many shares could you buy for $5,000? (Round down your answer to the nearest whole number.)
Answer is complete but not entirely correct.
Number of shares
186 X
b. What would be your annual dividend income from those shares? (Round your answer to 2 decimal places.)
X Answer is complete but not entirely correct.
$
Annual dividend income
0.00 X
Transcribed Image Text:Refer to Figure 2.8 and look at the listing for Hess Midstream Partners. a. How many shares could you buy for $5,000? (Round down your answer to the nearest whole number.) Answer is complete but not entirely correct. Number of shares 186 X b. What would be your annual dividend income from those shares? (Round your answer to 2 decimal places.) X Answer is complete but not entirely correct. $ Annual dividend income 0.00 X
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The answer to B is incorrect. Does the dividend yield need to be factored in? 

b. What would be your annual dividend income from those shares? (Round your answer to 2 decimal places.)
X Answer is complete but not entirely correct.
$ 400.40 X
Annual dividend income
Transcribed Image Text:b. What would be your annual dividend income from those shares? (Round your answer to 2 decimal places.) X Answer is complete but not entirely correct. $ 400.40 X Annual dividend income
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