Two years ago, Rob bought some shares of a stock, and today those shares have a value of $19.80 each. The price when Rob bought the stock was of the current price per share. Rob paid per share when he bought the stock two years ago.

1 answer

To determine the price per share Rob paid when he bought the stock two years ago, we can use the following information:

  1. The current value of the shares is $19.80.
  2. It is stated that the price was of the current price at that time, which is typically expressed as a percentage. However, the percentage is missing from your question.

Please provide the percentage value or any additional information needed to calculate the price per share that Rob paid.