Mathematics problem

SoccerBoss
Category:
Mathematics
Price: $5 USD

Question description

If you purchase a stock for $100 and six months later the stock gained 10% of its value and then lost 10% of its new value after another six months. Did you make money, loss money or break-even during the aforementioned time period???

Tutor Answer

(Top Tutor) Daniel C.
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School: UCLA
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