Question

A share of stock in a pharmaceutical company was worth $30.46 on Monday. On Wednesday, the stock price changed to $45.83. What is the net change in the stock price from Monday to Wednesday? A. -$76.29 B. -$15.37 C. $15.37 D. $60.92 E. $76.29

Answer 1

Answer:

There is a net change of $ 15.37 from Monday to Wednesday.

Step-by-step explanation:

Since we have given that

Worth of a share of stock in a pharmaceutical company on Monday = $30.46

Worth of that share of stock in that pharmaceutical company on Wednesday = R 45.83

So, we can see that there is change in the price of stock from Monday to Wednesday.

So, Net change is given by

Value of stock on Wednesday - Value of stock on Monday

= $ 45.83 - $ 30.46

= $ 15.37

Hence, there is a net change of $ 15.37 from Monday to Wednesday.

Step-by-step explanation: