At the beginning of the day, stock XYZ opened at $6.12. At the end of the day, it closed at $6.88. What is the rate of change of
stock XYZ?
A. 1.17%
B. 11.0%
C. 12.4%
D. 81.5%
1 answer:
Answer:
C is the correct option.
Step-by-step explanation:
We have been given that
stock XYZ opened at $6.12 and it closed at $6.88 and we have find the rate of change of stock.
Change in the value =| Initial - final |
Change in the value = |6.12-6.88|
Change in the value = 0.76
Hence, the rate of change of stock is given by

C is the correct option.
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