Today's close was just reported with a new change of -1/2; therefore, with yesterday's closing price at $16.20, today's closing price must have been $15.70.

Name: Today's close was just reported with a new change of -1/2; therefore, with yesterday's closing price at $16.20, today's closing price must have been $15.70.
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Question

Quizplus · Accepted Answer

If yesterday's close had been $16.20, a ½-point drop (50 cents) in price today would suggest that today's close was $15.70.

Today's Close Was Just Reported with a New Change of -1/2;