Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 12,164.53, which was up 100.20 that day. On

On March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 12,164.53, which was up 100.20 that day. On March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 12,164.53, which was up 100.20 that day.

What was the return (in percent) of the stock market that day? (Round your answer to 2 decimal places.)

Return of stock market %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Financial Accounting

Authors: Anne Britton, Christopher Waterston

3rd Edition

027365859X, 978-0273658597

More Books

Students also viewed these Accounting questions

Question

What courses do your students assist with teaching this semester?

Answered: 1 week ago

Question

=+Who are you right now, and where do you want to be?

Answered: 1 week ago