At the beginning of the day, stock XYZ opened at $8.18. At the end of the day, it closed at $6.88. What is the rate of change of stock XYZ? A. -15.9% B. 2.1% C. -0.16% D. 12.4%<…

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asked Jul 28, 2021 113k views

1 Answer

Mbonnin · Answer 1 · 2021-08-01T03:03:22+0000

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I'm pretty sure all you have to do is this...

8.18 - 6.88 = 1.3

1.3 ÷ 8.18 = 0.158924205

0.158924205 ≈ A. -15.9%

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But the thing about that is that I don't get how the answer is negative, sorry.

I hope this helps!

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