Multiple Choice
If the closing price of Stock Y was $38.63 on Friday,which was after it had earned daily returns of 8 percent,23 percent,-30 percent,20 percent,and -5 percent during the week (Monday to Friday) ,what was the opening price of Stock Y on Monday?
A) $17.47
B) $17.75
C) $33.00
D) $36.44
Correct Answer:
Verified
Correct Answer:
Verified
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