Readers of the financial pages of the daily newspaper noticed the following information with regard to the Connor Company stock: Daily high, 45.50; Daily low, 42.25; Last, 43.50; Change, +0.75.This tells readers that the

Question

Quizplus · Accepted Answer

The daily high and low prices are given to show the range of the stock's fluctuations throughout the day. The last price of 43.50 indicates the closing price for the day. The change of +0.75 indicates that the stock gained $0.75 in value over the previous day's closing price. Therefore, option C is correct. Option A is incorrect because it does not make sense to say that a stock is selling at a certain percentage of par. Option B is incorrect because there is no information given about the previous day's closing price. Option D is incorrect because there is no information given about the popularity of the company's stock.

Readers of the Financial Pages of the Daily Newspaper Noticed