Question

The price of one share of stock A changed by a total of -$54.32 over the past 3 days. The price of one share of stock B changed by a total of -$5.80 over the past 4 days. The price of one share of stock C changed by a total of -$2.86 over the past 2 days. Match the stocks to their daily average change in price for one share.

Pairs:

A. Stock A - -$1.43

B. Stock B - -$1.44

C. Stock C - -$1.45

Answer 1

The daily average change in price for each stock can be calculated using the given total change and number of days.

Step-by-step explanation:

To match the stocks to their daily average change in price, we need to calculate the average change for each stock using the given total change and number of days.

For Stock A, the total change is -$54.32 over 3 days. Therefore, the daily average change is -54.32 / 3 = -18.11 per day, which is not equal to -$1.43.

For Stock B, the total change is -$5.80 over 4 days. Therefore, the daily average change is -5.80 / 4 = -1.45 per day, which is equal to -$1.45.

For Stock C, the total change is -$2.86 over 2 days. Therefore, the daily average change is -2.86 / 2 = -1.43 per day, which is equal to -$1.43.

Matching the daily average changes to the stocks, we have:

A. Stock A: -$1.43

B. Stock B: -$1.44

C. Stock C: -$1.45