You decide you will buy a stock only if it shows an overall increase over the next 30 days. The first 10 days, it has an average daily increase of 0.30. The next 10 days it has an average daily decrease of 0.45. The last 10 days, it has an average daily increase of 0.25

(a) It increased by $0.30 each day for 10 days, or an increase of $3.00

(b) Over the next 10 days, it decreased by 10*0.45 = -$4.50

(c) The last 10 days, it changed by 10*.25 = $2.50

(d) You correctly came up with a total change of 0.1 but that is correct only because each period was the same length. If there had been different lengths of time, the result would have been different. The average daily change over the full 30 days is (total change)/(no. days) = $1.00/30 = $0.033/day.

(e) Since the net change was positive, it appears to be a good buy. However, you have to consider taxes and commissions, so it might not have been the best use for your money. On the other hand, it depends on the stock price.

If it was $IBM, at $150/share, a net increase of $1.00 isn't much.

If it was a penny stock, trading at $0.75/share, then the change is a significant percentage.

It also depends on how many shares you're trading. A huge number of shares might affect your decision.

Also, the stock seems to be bouncing around, so I'd steer clear of it, unless this is just a wiggle in what appears to be a long-term increase.

Stock trading can get complicated!!

This is a question from an online quiz and students are using your answers to cheat. Please stop posting answers.

actually people are using his answers to cheak there work

Actually I have to agree with both of you 1. People shouldn't be cheating. Its not right if you are in Connexus Check the Honor code. 2. people CAN check their work too see fi they are incorrect and see why what mistakes they made to help them be better

its none of your buisnesss ok

How is this none of my business huh? Tell Me a very good explanation, Or else i won't believe you cuz YOUR not even in this.

okay the people that are saying that these people are cheating you guys are also cheating because you wouldn't be in this conversation if you were not cheat because you are the one that is on here so that mean you guys were looking for an answer so the people that are saying other people are cheating keep your mouth shut if you have an answer put it if not leave because you came here for the same reason the other people did

and you too MR. WORK HARD PLAY HARD u here for answer to

both of yall stop fighting, yall are acting more childish than the ppl cheating (sorry i say yall so much, im from texas)

so whats the answer

he gave a answer before

have a very bad day

bet one of them snitched on all of us already

This is so funny lol i only came here for the answer and i want to yeet steve to Antarctica bc he is that on person who ruins everything... Or as called in slang a SQUARE

Umm to work hard and play hard in one of the thing u were asking for the answer so please stop saying that were cheating so are u 😂💁💆🤦

wow that was a roller coaster

john how did u know we are cheating if u didnt look your answers up? thought so

pffft. I've never seen so much drama this month. I am dying of laughter right now.

I come here to check me answers

Ok the website can see y'alls drama btw but fr no need to fight also PERIOD u have a very good point.

Bro this fight is still going on? Its been a whole year just chill out already!

I KNOW RIGHT

CHILL YALL

All of ya'll need to be quite because everyone has their own opinion of cheating.

ay bruh chill people cheat in this world all the time, don't be a loser and hate on a bunch of stupid kids just tryna get by. This year has been hard on all of us and school is just another one of our problems.

who loves listening to drama but hates being in it

bro just because they need help dosnt mean to start drama

wow me reading that was just weird

yall we all just tryna get through school, dont argue ur not gonna stop us. we need the grades

The best drama conversation goes on for 2 years. Jeez.

Ikr just getting by this year

So uhm yea what’s the answer…

Emm ok i guess i'ma go get a life probably of how dramática this whole entre sean

Well uh- that was a lot

@workhardpalyhard

I agree, im here checking my work because I don't want to fail. Im not cheating, im simply checking my answers. And no I don't change them if their wrong, I learn more and then submit.

What is the answer

SHUT UPPPPPPPPPPPPPPPPPPPPPPP

no u john

i only came for the drama