Question

Consider today's stock listing for Dagofi Radar, shown below. 52 wk High 52 wk Low Symbol Div. Close Net Change 162.22 57.71 DFR 9.75 130.58 -2.64 If the lowest price in the past year occurred 35 days ago, find the approximate average change per day since then. A. $2.08 b. $2.64 c. $0.90 d. $2.99

Answer 1

A. 2.08 i just took the test.

Explanation:

Answer 2

Option A. $2.08

Explanation:

Today's stock listing for Dagofi Radar shown below :

52 wk high = 162.22

52 wk low = 57.71

symbol = DFR

Div. = 9.75

Close = 130.58

net change = -2.64

Now we find the approximate average change per day.

Lowest price before 35 days = 57.71

Today the stock closed = 130.58

the difference between lowest to till date = 130.58 - 57.71 = $72.87

The lowest price occurred before 35 days, so the average change per day = 72.87 ÷ 35 = $2.08

The approximate average change per day is $2.08