\" On March 14, 2013, the Dow Jones Industrial Average set a new high. The index

Question

"On March 14, 2013, the Dow Jones Industrial Average set

a new high. The index closed at 14,539.14, which was up 83.86

points from the previous day's close of 14.455.28. What was

the return (in percent to four decimal places) of the stock

market for March 14, 2013"

On March 14, 2013, the Dow Jones Industrial Average set a new high. The index closed at 14,539.14, which was up 83.86 points from the previous day's close of 14.455.28. What was the return (in percent to four decimal places) of the stock market for March 14, 2013"

Explanation / Answer

Hi,

Please find the answer as follows:

Return (%) = (Today's Close Value - Previous Day Close Value)/Previous Day Close Value*100 = (14539.14 - 14455.28)/14455.28*100 = .5801%

Answer is = .5801%

Thanks.

Related Questions

Navigate

• Browse (All)
• Browse #
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.