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21 November, 19:51

At the beginning of the day, stock XYZ opened at $8.18. At the end of the day, it closed at $6.88. What is the rate of change of stock XYZ?

A. - 15.9%

B. 2.1%

C. - 0.16%

D. 12.4%

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Answers (1)
  1. 21 November, 20:10
    0
    -15.9%

    Step-by-step explanation:

    Opening stock = $8.18

    Closing stock = $6.88

    Loss = $1.30

    Rate = - loss/opening stock * 100

    = - 1.39/8.18 * 100

    = - 15.9%
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