Question

Company X’s stock price closed at $45.50 a share today. This represents a net change of +.25 from the previous day’s closing price. What was yesterday’s closing price for Company X stock?

Answer 1

Given the following question:

Company price today is 45.50

Net change of +.25

`\begin{gathered} \text{Net change = today-prior} \\ NC=.25 \\ 45.50-45.25=.25 \\ Nc=.25 \end{gathered}`

45.25 is yesterdays closing price.