At the beginning of the day, stock XYZ opened at $3.72. At the end of the day, it closed at $4.05. What is the rate of change of stock XYZ?. . A.8.9%. B.8.1%. C.13.3%. D.33.0%. . @sinusoidal @RichG1 @Tiroc
Solve for the difference between the price of the stocks at the beginning of the day and at the end. d = $4.05 - $3.72 = $0.33 Divide this value by the original value of the stocks and multiply by 100% to get the rate of change. ($0.33 / $3.72) x 100% = 8.87% Thus, the answer is letter A. 8.9%.
