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Luis bought stock at $55.50. The next day, the price increased $17.90. This new price changed by -4(3)/(4)% the following day. What was the final

Luis bought stock at $55.50. The next day, the price increased $17.90. This new price changed by -4(3)/(4)% the following day. What was the final stock price, rounded to the nearest cent? Is your answer reasonable? Complete the explanation.

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