Stock Market Bubble If the NASDAQ stock market bubble peaked at 3,750, and two and a half years later it had fallen to 2,200, what would be the percentage decline?

Question

Quizplus · Accepted Answer

To calculate the percentage decline, we can use the following formula:

Percentage decline = ((Initial value - Final value) / Initial value) * 100

In this case, the initial value was 3,750 and the final value was 2,200.

Percentage decline = ((3,750 - 2,200) / 3,750) * 100 = 41.33%

Therefore, the correct answer is C, which represents a percentage decline of 41.33%.

Stock Market Bubble If the NASDAQ Stock Market Bubble Peaked