Question

A company’s stock begins the week with a price of $43.85 per share.

The price changes by $2.70 each day for 2 days. Then the price changes by −$1.10 each day for 2 days. On the last day, the price changes by −$4.45.
What is the price per share of the company’s stock after those five days?

Answer 1

$42.60 per share

Explanation:

1. 2(2.7) + 2(-1.1) + (-4.45) = -1.25

2. 43.85 + -1.25 = 42.6