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Business, 31.01.2021 14:00 pacpac1172
A simple index of three stocks have opening values on day 1 and day 8 as
shown in the table below.
Price per
Day 1
No. shares
Price per
share
4000 $3.15
5000 $4.30
6000
$4.60
Day 8
No. shares
share
4000 $3.50
5000 $3.90
6000 $4.50
Stock ABC
Stock XYZ
Stock QRS
What is the rate of change of this simple index over one week? Round your
answer to the nearest tenth.
O A. -2.0%
B. -1.2%
C. 2.0%
D. 1.2%
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Answers: 3
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A simple index of three stocks have opening values on day 1 and day 8 as
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