If on Monday, Rachel bought company stock at a price of $39.60 per share. On Tuesday, the share price changed by -$2.35. On Wednesday, the share price changed by +1.45. What will be the share price at the end of Wednesday is : A. $38.70
Using this formula
Share price=Stock price- Decrease in share price+ Increase in price
Where:
Stock price=$39.60
Decrease in share price=-$2.35
Increase in price=+$1.45
Let plug in the formula
Share price=$39.6 - $2.35 + $1.45
Share price= $38.70
B
Inconclusion if on Monday, Rachel bought company stock at a price of $39.60 per share. On Tuesday, the share price changed by -$2.35. On Wednesday, the share price changed by +1.45. What will be the share price at the end of Wednesday is : A. $38.70
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