Two years ago the shares of Diamond Strike Resources traded at a price of $3.40 per share.

Question:

Two years ago the shares of Diamond Strike Resources traded at a price of $3.40 per share. One year later the shares were at $11.50, but then they declined in value by 35% during the subsequent year. Calculate:
a. The percent change in the share price during the first year.
b. The current share price.