The price of Biomed Corp. shares began a two-year period at $12, but fell 25% in each year. What was their overall percent decline in price?

Name: The price of Biomed Corp. shares began a two-year period at $12, but fell 25% in each year. What was their overall percent decline in price?
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The Answer of The price of Biomed Corp. shares began a two-year period at $12, but fell 25% in each year. What was their overall percent decline in price?

The Price of Biomed Corp