Concept explainers
a.
Find the change in closing price from next day to previous day.
a.
Answer to Problem 39PPS
Date | Increase | Decrease |
May May May May |
Explanation of Solution
Given:
The given table is
Calculation:
Use the following rules.
Change in May
Closing price in May
Closing price in May
Change in closing price
Hence the closing pricedecreased by
Change in May
Closing price in May
Closing price in May
Change in closing price
Hence the closing price increased by
Change in May
Closing price in May
Closing price in May
Change in closing price
Hence the closing price increased by
Change in May
Closing price in May
Closing price in May
Change in closing price
Hence the closing price decreased by
b.
Find the difference between highest change and lowest change.
b.
Answer to Problem 39PPS
The difference is
Explanation of Solution
Given:
The given table is
Calculation:
Use the following rules.
Highest change
Lowest change
Difference
Hence the difference is
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