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 close of 7,247.40, which was down 94.24 that day. What was

On March 9, 2009, the Dow Jones Industrial average reached a new low at close of 7,247.40, which was down 94.24 that day. What was the return (in percent) of the stock market that day?

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

Personal Finance Building Your Future

Authors: Robert Walker, Kristy Walker

2nd Edition

0077861728, 9780077861728

More Books

Students also viewed these Finance questions

Question

What impediments originate in society at large?

Answered: 1 week ago

Question

How have their tactics changed?

Answered: 1 week ago

Question

What impediments have financial or economic origins?

Answered: 1 week ago