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3 votes
3 votes
If the lowest price in the past year occurred 48 days ago, find the approximate average change per day since then.

User GReX
by
3.1k points

2 Answers

16 votes
16 votes

Answer:

is B. 0.72I

Explanation:

Edge 2022

User Ehvince
by
2.8k points
12 votes
12 votes

Answer:

0.72

Explanation:

According to the stock listing mentioned in the listing for Enam Telecom is

52 wk high = 122.86

52 wk low = 64.77

Div. = 3.45

Close = 99.14

Net change = 4.74

Now it is mentioned that lesser price i.e. 64.77 arised 48 days ago.

As yesterday closing price was 99.14

So, the net change in value would be

= 99.14 - 64.77

= 34.37

For 48 days, the average change per day would be

= Total change ÷ number of days

= 34.37 ÷ 48

= 0.716

= 0.72

User John Hascall
by
2.5k points