FTX operated a cryptocurrency exchange before enterring bankruptcy. One year ago, FTX stock price was 40.0. Currently, the price is 1.2. Bitcoin price was $39,000 a year ago and $22,000 currently. What is the change in stock price over the past year for FTX and Bitcoin?
FTX operated a cryptocurrency exchange before enterring bankruptcy. One year ago, FTX stock price was 40.0. Currently, the price is 1.2. Bitcoin price was $39,000 a year ago and $22,000 currently. What is the change in stock price over the past year for FTX and Bitcoin?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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FTX operated a cryptocurrency exchange before enterring bankruptcy. One year ago, FTX stock price was 40.0. Currently, the price is 1.2. Bitcoin price was $39,000 a year ago and $22,000 currently. What is the change in stock price over the past year for FTX and Bitcoin?
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