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The stock of Company A gained 5% today to $64.05. What was the opening price of the stock in the beginning of the day?
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The stock of Company A gained 5% today to $64.05. What was the opening price of

the stock in the beginning of the day?

User Eduardo In Norway
by
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1 Answer

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Answer:

opening price = 100/105 × 64.05

= $61.00

Explanation:

the gained percentage = 5%

opening price = 100/105 × 64.05

= $61.00

User Lacefarin
by
5.3k points
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