Comanche Ltd closed at $15.89,a $0.43 decrease from the closing price the day before.This is a 2.6% decrease.

Name: Comanche Ltd closed at $15.89,a $0.43 decrease from the closing price the day before.This is a 2.6% decrease.
Brand: Quizplus
Rating: 4.8 (61 reviews)

Question

Quizplus · Accepted Answer

To calculate the percent decrease, we can use the formula: ((new price - old price) / old price) x 100%. Plugging in the given values, we get ((15.89 - (15.89 + 0.43)) / (15.89 + 0.43)) x 100% = -2.6%. Therefore, the statement is true.

Comanche Ltd Closed at $15