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bluerose501 bluerose501
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2 months ago
The arithmetic average daily return for Dopey Inc. was 2.0% for this past week. Dopey's stock was trading at $23.70 when the market closed on Friday. The daily returns for Monday, Tuesday, Thursday, and Friday are 4.8%, 5.6%, -4.0%, and 12.2%, respectively. What was Dopey's opening price on Monday?

▸ $21.55

▸ $22.80

▸ $21.75

▸ $21.47
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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LoveameriahLoveameriah
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bluerose501 Author
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2 months ago
Brilliant ツ
jamiebonf99
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Yesterday
Thanks
Marcie D
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2 hours ago
Thanks for your help!!
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