Dear Prof. Stiner,

Thank you for your message and your corrections of my English.

 

Homework Answers;

1.A. (1) The last trade on October 31.

     (2) I can't understand the mean of "time of the quote."

         I think that "U.S. Markets open in 6 hours and 28 minutes. Thursday, November 1 2001 3:02 am.

(In Japanese time, Thursday, November 1 2001 5:02 pm)

The "time of the quote" is the time at which the stock traded for that price. 

Since you look for quotes when our market is closed, the time of the quote is probably the closing time, about 4 pm in the US markets.

     (3) The stock price were $34.11.

 

1.B. The following datas are Thursday, November 1 2001 4:00 pm (ET). The last trade are $36.99. The change are $2.88.

     I used the following two web sites;

     http://www.money.lycos.co.jp/quote/

     http://www.nyse.com

Thank you.  The time of the quote is 4 pm.

 

2.   I researched two companies' stock price.

                       Avex             Sony

     Stock Price      4,650 yen        4,790 yen

     Date            Nov. 2 2001      Nov. 2 2001

     Time             10:59 am         11:00 am

     Change            (90) yen          130 yen

 

I looked at two companies' graphs of their stock prices for one year.

Sony's stock price continues to drop since June 2001.

It's about 9,000 yen then.

Avex's stock price did not change much.

One year's average is about 4,500 yen.

 

I used the this web site;

http://quote.yahoo.co.jp

 

Sony and Avex web site is following;

http://www.sony.co.jp

http://www.avexnet.or.jp

 

Thanks.  Very good work!

Sincerely,

Yoshi

 

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