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Suppose the S&P500 index is currently at 4,000 points. A 10% decrease will take it to 3,600 points. A subsequent 10% increase (from the 3,600
Suppose the S&P500 index is currently at 4,000 points. A 10% decrease will take it to 3,600 points. A subsequent 10% increase (from the 3,600 points) will take it to:
3,600 points | ||
3,960 points | ||
4,000 points | ||
4,400 points | ||
Cannot be determined. More information is needed. |
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