Question

The price of XYZ stock fluctuates widely. In January it closed at $3.50 but In February it Closed at $2.25. However at the end of March it shot back up to $5.00.

What was the average monthy change in the price of XYZ stock from january through march?
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Answer 1

$3.583

Explanation:

Given the monthly stock prices :

January = $3.50

February = $2.25

March = $5.00

The average monthly change in price of XYZ stock from. JANUARY through MARCH is;

(January + February + March) / 3

Average monthly change :

(3.50 + 2.25 + 5.00) / 3

$10.75 / 3

= $3.583