Pregunta
In one day, the stock price for Microhard rose from
to
per share. By what percent did this stock
price rise?
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price rise?
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Ask by Brewer Stephens. in the United States
Mar 29,2025
Solución de inteligencia artificial de Upstudy
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The stock price rose by 14%.
Solución
-
The initial price is
per share, and the final price is per share. -
Compute the increase in price:
-
To find the percent increase, divide the increase by the initial price and multiply by 100:
-
Perform the calculation:
Thus, the stock price rose by
.
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Como
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Beyond the Answer
To calculate the percent increase, you start with the initial price ($50) and the final price ($57). The change in price is
. Now, divide this change by the initial price:
. To find the percent increase, multiply by 100, giving you a 14% rise in stock price. So, the stock rose by 14% in just one day!
Understanding stock price increases can lead to greater investment strategies. For instance, using this knowledge, investors can identify patterns and decide whether to buy, hold, or sell their shares based on past performance and anticipated growth. It turns stock market movements into game theory, making it a strategic playground!

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