Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

if a share of stock costing $ 4 5 . 0 0 lost 3 / 8 % of its value, how much is it now

if a share of stock costing $45.00 lost 3/8% of its value, how much is it now worth?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To calculate the new value of the stock after it loses 38 of its value you can f... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Finance

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

13th International Edition

1265533199, 978-1265533199

More Books

Students also viewed these Mathematics questions

Question

=+b) What is the standard deviation?

Answered: 1 week ago