Question

A share of stock in a pharmaceutical company was worth $30.46 on Monday. On Wednesday, the stock price changed to $45.83. What is the net change in the stock price from Monday to Wednesday?

A.
-$76.29
B.
-$15.37
C.
$15.37
D.
$60.92
E.
$76.29

Answer 1

C) 15,37

Explanation:

You can to obtain the net change in the stock price with a substract:

Vt = [Pf - Pi]

Vt = [$45.83 - 30.46]

Vt = 15.37

Its a positive variation

Best regards

Answer 2

The price increased so it would be a positive net change.

Subtract the new price from the original price:

45.83 - 30.46 = 15.37

The net change was C. $15.37