The stock price of a company over a year is shown in the table below. The function S is used to track the stock. S(1) = $19.50 represents the price per share after the first month (January). Price per share $19.50 $12.50 $7.50 $4.50 $3.50 $4.50 $7.50 $12.50 $19.50 $28.50 $39.50 $52.50 What can be concluded about the stock function S during the year? O Someone who bought stock at the price S(5) earned more money for the year than a person who bought at the price S(1). O Someone who invested in the stock at the beginning of the year had an overall loss for the year. OS(4) and S(6) represent the lowest stock price for the year. OS(11) represents the highest stock price for the year. Stock Price Month 1 2 3 4 5 6 7 8 9 10 11 12
The stock price of a company over a year is shown in the table below. The function S is used to track the stock. S(1) = $19.50 represents the price per share after the first month (January). Price per share $19.50 $12.50 $7.50 $4.50 $3.50 $4.50 $7.50 $12.50 $19.50 $28.50 $39.50 $52.50 What can be concluded about the stock function S during the year? O Someone who bought stock at the price S(5) earned more money for the year than a person who bought at the price S(1). O Someone who invested in the stock at the beginning of the year had an overall loss for the year. OS(4) and S(6) represent the lowest stock price for the year. OS(11) represents the highest stock price for the year. Stock Price Month 1 2 3 4 5 6 7 8 9 10 11 12
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter8: Linear Functions
Section8.1: Relations And Functions
Problem 4E
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Question
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Transcribed Image Text:The table below illustrates the stock price of a company over the course of a year, with each entry representing the stock price at the end of each month:
**Stock Price Table:**
| Price per share | Month |
|-----------------|-------|
| $19.50 | 1 |
| $12.50 | 2 |
| $7.50 | 3 |
| $4.50 | 4 |
| $3.50 | 5 |
| $4.50 | 6 |
| $7.50 | 7 |
| $12.50 | 8 |
| $19.50 | 9 |
| $28.50 | 10 |
| $39.50 | 11 |
| $52.50 | 12 |
**Analysis:**
- S(1) = $19.50 represents the price per share after January.
- Observe how the stock price fluctuates over the year, with its lowest point occurring in month 5 at $3.50, and its highest point reached in month 12 at $52.50.
**Conclusion Options:**
- Someone who bought stock at the price S(5) earned more money for the year than a person who bought at the price S(1).
- Someone who invested in the stock at the beginning of the year had an overall loss for the year.
- S(4) and S(6) represent the lowest stock price for the year.
- S(11) represents the highest stock price for the year.
This information aids in understanding how stock prices can vary significantly within a year and encourages analysis of the best times to buy or sell for optimal financial gain.
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