BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Based on the data related to McDonald’s stock from May 6, 2019, what is the difference between yesterday’s high and low?
A
$3.22
B
-$3.22
C
$3.18
D
-$3.18
Explanation: 

Detailed explanation-1: -The all-time high McDonald’s stock closing price was 276.86 on November 08, 2022. The McDonald’s 52-week high stock price is 281.67, which is 6.4% above the current share price. The McDonald’s 52-week low stock price is 217.68, which is 17.8% below the current share price.

Detailed explanation-2: -(NYSE: MCD) Mcdonalds stock price per share is $268.55 today (as of Feb 21, 2023). What is Mcdonalds’s Market Cap?

Detailed explanation-3: -McDonald’s shares started the 2010s trading at around $63. The stock dipped as low as $61.06 in January 2010, it’s lowest point of the decade. From that point forward, McDonald’s shares marched steadily higher for the next two years, reaching $102.22 in early 2012.

Detailed explanation-4: -McDonald’s had its initial public offering (IPO) on April 21, 1965, at $22.50 per share, and the stock price rose quickly to $30 per share on its first day of trading. One hundred shares of McDonald’s stock at $22.50 in 1965 would have turned into 74, 360 shares by March 1999 and be worth roughly $15, 700, 000.

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