During the period of August 25, 1987 to October 20, 1987, the stock market declined in value by approximately __________ percent.

Name: During the period of August 25, 1987 to October 20, 1987, the stock market declined in value by approximately __________ percent.
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This period is known as Black Monday, and it saw the largest single-day percentage decline in stock market history with a drop of 22.6%. Overall, during this two-month period, the market lost around 40% of its value.

During the Period of August 25, 1987 to October 20