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An investor purchased shares of Marshmallow Steels at a price of $0.50 per share. One year later, the shares traded at $2.75, but they fell
An investor purchased shares of Marshmallow Steels at a price of $0.50 per share. One year later, the shares traded at $2.75, but they fell back to $1.20 by the end of the second year from 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
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