An investor purchased shares of Digger Resources at a price of $0.55 per share. One year later,

Question:

An investor purchased shares of Digger Resources at a price of $0.55 per share. One year later, the shares traded at $1.55, but they fell back to $0.75 by the end of the second year after the date of purchase. Calculate the percent change in the share price:
a. In the first year.
b. In the second year.
c. Over both years.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: