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at the beginning of the day stock cuz opened at $7.25 at the end of the day it closed at $6.88 what is the rate change of stock xyz

User Jontro
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4 votes

Answer:

Correct answer for apex is -5%

Explanation:

User Tomasyany
by
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The absolute change is the difference: 6.88 - 7.25 = -0.37

The rate of change is that divided by the originalprice x 100

Ratre of change: (-0.37/7.25 )*100 = -4.93%

User Kylas
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