Question

he closing price of a share of stock in Company XYZ is $25.69 on Thursday. If the change from the closing price on Wednesday is –$0.75, find the closing price on Wednesday. $24.94 $25.75 $26.44 $25.06

Answer 1

Option C - $26.44

Explanation:

To find the closing proce on Wednesday

Company XYZ is $ 25.69 on Thursday

Company XYZ is - $0.75 on Wednesday

This means the calculation should be as following,

25.69 + 0.75 = 26.44$ the closing price for Wednesday