36.5k views
1 vote
If the lowest price in the past year occurred 48 days ago, find the approximate average change per day since then.

User Nam Bui
by
5.4k points

2 Answers

4 votes

Answer:

is B. 0.72I

Explanation:

Edge 2022

User Amahfouz
by
5.0k points
5 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 Bu Saeed
by
4.8k points
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