Question
On June 16 , 1995, the DJIA closed at $4,510.79. Assume the index lost 135 points on the next trading day. Compare that to a
On June 16, 1995, the DJIA closed at $4,510.79. Assume the index lost 135 points on the next trading day. Compare that to a 500-point loss against the current level of the DJIA. Which occurrence would be more impactful? (Find percent change in index before answering each question)
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
6th Edition
1473749247, 9781473749245
