Finance Lab Question

Business & Finance
Tutor: None Selected Time limit: 1 Day

Suppose the Japanese stock market bubble peaked at 45,800 in 1989. Two and a half years later it had fallen to 20,600. What was the percentage decline?

Market decline %
Nov 4th, 2014

Market decline = (20,600 โˆ’ 45,800) รท 45,800 = โˆ’0.5502 = โˆ’55.02%


Nov 4th, 2014

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