Quick question before I answer: Did he have to pay $2,399 when he signed the lease, or was that just how much he had to pay in total over the course of 36 months?
Answer:
$0.342 ; 34.2 cents
Step-by-step explanation:
Given that:
Share price fell by 76% in past year :
current price per share = $0.45
Drop in price of share in past year :
76% of current price
0.76 * $0.45
= $0.342
Price dropped by $0.342 per share
In cent, 0.342 * 100 = 34.2 cents
