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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. a. Calculate
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 $70.00 2 76 .00 8.57 3 84.00 94.00 112.00 200.00 340.00 B 580.00 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? Yes, because the percentage change in the stock value is positive every year. 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 has increased greatly. O No, because the percentage change in the stock value has not increased
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