During 2003, a share of stock in Coca-Cola Co sold for $39. Michelle bought 300 shares. During
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During 2003, a share of stock in Coca-Cola Co sold for $39. Michelle bought 300 shares. During 2008, the price hit $56 per share, but she decided to keep them. By 2016, the price of a share had fallen to $44, and she had to sell them because she needed money to buy a new home. Express the decrease in price as a percent of the price in 2008. Round to the nearest tenth of a percent.
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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