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Consider a stock whose value increases across an 8 - year period as shown in the table. Instructions: Round your answers to two decimal places.

Consider a stock whose value increases across an 8-year period as shown in the table.
Instructions: Round your answers to two decimal places.
a. Calculate the percentage change in the value of the stock from year to year.
Year Stock Value Percent Change
1 $90.00
2102.00%
3118.00%
4134.00%
5155.00%
6280.00%
7490.00%
8890.00%
b. Calculate the percentage change in the value of the stock across the entire 8-year period.
%
c. Do you think this qualifies as a bubble?
multiple choice
No, because the percentage change in the stock value fluctuates up and down across the 8 years.
Yes, because the percentage change in the stock value is positive every year.
No, because the percentage change in the stock value has not increased.
Yes, because the percentage change in the stock value has increased greatly.

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