Shares of XYZ Co and ABC Corp are sold on a stock exchange that closes at 5
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Shares of XYZ Co and ABC Corp are sold on a stock exchange that closes at 5 p.m. each day. At the close of business on Monday, shares of XYZ Co sold for half the price of shares of ABC Corp. On Tuesday and Wednesday, the price of shares of XYZ Co decreased at a rate of 1/5 per day. During that same period, shares of ABC Corp increased at a rate of 1/4 per day. At the close of business on Wednesday, the price of shares of ABC Corp was how many times greater, rounded to the nearest integer, than the price of shares of XYZ Co?
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1014 Practice Questions For The New GRE
ISBN: 9780375429682
2nd Edition
Authors: The Princeton Review
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