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The stock of Company A lost $1.18 throughout the day and ended at a value of
$28.32. By what percentage did the stock decline?

Respuesta :

Answer:

the percentage did the stock decline is 4%

Step-by-step explanation:

The computation of the percentage did the stock decline as follows:

= Lost value ÷ original price

= $1.18 ÷ ($1.18 + $28.32)

= $1.18 ÷ $29.50

= 4% decline

Hence, the percentage did the stock decline is 4%

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