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emmainna [20.7K]
3 years ago
11

AT the beginning of the day stock XYZ opened at $6.25. At the end of the day it closed at $5.95. What was the rate of change of

stock XYZ
Business
2 answers:
maria [59]3 years ago
8 0

The stock went down 4.8%

Rate of Change of a stock is (New price - old price/ old price) *100

5.95-6.25 / 6.25 * 100

-.3/6.25 *100

-.048 *100 = -4.8%

Alex777 [14]3 years ago
4 0

Answer: -4.8%

Explanation:

APEX

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The analysis for this type of situation has been presented elsewhere here.

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