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23 October, 16:34

On January 1st 2003, the value of a stock was 135$ per share. By December 1st 2003, the value of the stock had fallen to $38 per share. What is the average rate of change in the value of the stock in dollars per month?

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  1. 23 October, 19:03
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    135-38 = 97

    97/11 = $8.82

    There are 11 months in between those dates. 12 would get you back to January again.
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