9.7 Two stocks, Koke and Pepsee, had the same prices two years ago. During the last two

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9.7 Two stocks, Koke and Pepsee, had the same prices two years ago. During the last two years, Koke’s stock price had first increased by 10 percent and then dropped by 10 percent, while Pepsee’s stock price had first dropped by 10 percent and then increased by 10 percent. Do these two stocks have the same prices today? Explain.

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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