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%

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%

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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