Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On March 9, 2009, the Dow Jones Industrial Average reached a new low at a close of 7,347.45, which was down 96.29 that day. What

image text in transcribed

On March 9, 2009, the Dow Jones Industrial Average reached a new low at a close of 7,347.45, which was down 96.29 that day. What was the return (in percent) of the stock market that day? (Negative answer should be indicated by a minus sign. Round your answer to 2 decimal places.)

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

The Handbook Of Alternative Assets

Authors: Peter Temple

1st Edition

161477076X, 978-1906659219

More Books

Students also viewed these Finance questions

Question

Find I1 and V0 in the circuit infigure. 2 kn Vo 4 kn 12 kn 6 V +1

Answered: 1 week ago

Question

Explain the strength of acid and alkali solutions with examples

Answered: 1 week ago

Question

Introduce and define metals and nonmetals and explain with examples

Answered: 1 week ago

Question

4. Identify cultural variations in communication style.

Answered: 1 week ago

Question

9. Understand the phenomenon of code switching and interlanguage.

Answered: 1 week ago

Question

8. Explain the difference between translation and interpretation.

Answered: 1 week ago