At the beginning of the day, stock XYZ opened at $8.18. At the end of the day, it closed at $6.88. What is the rate of change of stock XYZ?

A. - 15.9%

B. 2.1%

C. - 0.16%

D. 12.4%

Question

Mathematics

Tough Guy

7 April, 02:42

At the beginning of the day, stock XYZ opened at $8.18. At the end of the day, it closed at $6.88. What is the rate of change of stock XYZ?

A. - 15.9%

B. 2.1%

C. - 0.16%

D. 12.4%

+1

Answers (1)

Know the Answer?

Eleanor Barnett · Answer 1

-15.9%

Step-by-step explanation:

Opening stock = $8.18

Closing stock = $6.88

Loss = $1.30

Rate = - loss/opening stock * 100

= - 1.39/8.18 * 100

= - 15.9%

At the beginning of the day, stock XYZ opened at $8.18. At the end of the day, it closed at $6.88. What is the rate of change of stock XYZ?A. - 15.9%B. 2.1%C. - 0.16%D. 12.4%

At the beginning of the day, stock XYZ opened at $8.18. At the end of the day, it closed at $6.88. What is the rate of change of stock XYZ?

A. - 15.9%

B. 2.1%

C. - 0.16%

D. 12.4%