MikealR328118 MikealR328118

29-10-2022
Mathematics

Answered

Company X’s stock price closed at $45.50 a share today. This represents a net change of +.25 from the previous day’s closing price. What was yesterday’s closing price for Company X stock?

Answer :

SaahilF434819 SaahilF434819

29-10-2022

Given the following question:

Company price today is 45.50

Net change of +.25

[tex]\begin{gathered} \text{Net change = today-prior} \\ NC=.25 \\ 45.50-45.25=.25 \\ Nc=.25 \end{gathered}[/tex]

45.25 is yesterdays closing price.

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