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Rick is a stock analyst who is evaluating ADS and ACXM. On July 12, 2010, the price of ADS before

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Rick is a stock analyst who is evaluating ADS and ACXM. On July 12, 2010, the price of ADS before the open was $58.20 per share, and it closed at $56.07 per share. The price of ACXM before the open was $14.57 per share, and it closed at $13.43 per share. Help Rick compare the performance of these two stocks on this day. 

Part I: By how many dollars per share was ADS down for the day?

Part II: By how many dollars per share was ACXM down for the day?

Part III: By how many percentage points was ADS down for the day? Round your answer to the nearest hundredth of a percent.

Part IV: By how many percentage points was ACXM down for the day? Round your answer to the nearest hundredth of a percent.

Part V: If Rick is talking about dollars per share, which stock should he say was down more for the day? If he is talking about percentage points, which stock should he say was down more for the day? 

Expert Answer:

Answer rating: 100% (QA)

Let s calculate the performance of ADS and ACXM on July 12 2010 Part I To calculate how much ADS was View the full answer


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Related Book For  answer-question
Corporate Finance and Investment decisions and strategies

Corporate Finance and Investment decisions and strategies

ISBN: 978-1292064062

8th edition

Authors: Richard Pike, Bill Neale, Philip Linsley

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Posted Date: August 29, 2023 06:13:26
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