Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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e. On October 21, Discovery Inc. announced that they would close one of their
manufacturing plants. This resulted in a drop in their stock price. It closed at $32. Express
the net change from October 20 to October 21 as a percent, rounded to the nearest tenth
of a percent.
-16.9%
f. On October 28, Discovery Inc. announced that they would not be closing the plant. This
news caused the price of their stock to rise. It closed at $48.20. Express the net change
from October 27 to October 28 as a percent, rounded to the nearest tenth of a percent.
14.8%
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Transcribed Image Text:e. On October 21, Discovery Inc. announced that they would close one of their manufacturing plants. This resulted in a drop in their stock price. It closed at $32. Express the net change from October 20 to October 21 as a percent, rounded to the nearest tenth of a percent. -16.9% f. On October 28, Discovery Inc. announced that they would not be closing the plant. This news caused the price of their stock to rise. It closed at $48.20. Express the net change from October 27 to October 28 as a percent, rounded to the nearest tenth of a percent. 14.8%
Discovery Inc.
October 20
Last
Trade Time
Chg
Open
52-week High
52-week Low
Sales in 100s
High
Low
$38.50
4:00 P.M. ET
$1.56
$37.22
$76.19
$22.78
19,700
$40.10
$36.77
Discovery Inc.
October 27
Last
Trade Time
Chg
Open
52-week High
52-week Low
Sales in 100s.
High
Low
$42.00
4:00 P.M. ET
$1.50
$42.50
$76.19
$22.78
23,600
$42.50
$42.00
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Transcribed Image Text:Discovery Inc. October 20 Last Trade Time Chg Open 52-week High 52-week Low Sales in 100s High Low $38.50 4:00 P.M. ET $1.56 $37.22 $76.19 $22.78 19,700 $40.10 $36.77 Discovery Inc. October 27 Last Trade Time Chg Open 52-week High 52-week Low Sales in 100s. High Low $42.00 4:00 P.M. ET $1.50 $42.50 $76.19 $22.78 23,600 $42.50 $42.00
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