Finding and interpreting stock quotes. Listed below are three pairs of stocks. Look at each pair and select the security you’d like to own, given that you want to select the one with the highest...

Finding and interpreting stock quotes. Listed below are three pairs of stocks. Look at each pair and select the security you’d like to own, given that you want to select the one with the highest market value. Then, after making all three of your selections, use The Wall Street Journal or some other source to find the latest market value of the two securities in each pair.

a. 50 shares of Berkshire Hathaway (stock symbol BRKA) or 150 shares of JP Morgan Chase (stock symbol JPM). (Both stocks are listed on the NYSE.)

b. 100 shares of Home Depot (symbol HD), a NYSE stock; or 100 shares of Apple (symbol AAPL), a NASDA Q stock and a member of the Dow Jones Industrial Average.

c. 150 shares of Wal-Mart (symbol WMT) or 50 shares of Facebook (symbol FB).

How many times did you pick the one that was worth more money? Did the price of any of these stocks surprise you? If so, which one(s)? Does the price of a stock represent its value? Explain.