The Arithmetic Average Daily Return for Dopey Inc

question 32

Multiple Choice

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?

• A)$21.47
• B)$21.55
• C)$21.75
• D)$22.80

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Definitions:

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action within an organization.

Human Resource Practices

comprise the policies, procedures, and activities involved in managing the workforce of an organization, including hiring, training, development, and compensation.

Workplace Spirituality

An organizational culture that creates meaning and shared community among organizational members.

Occupational Subcultures

Distinctive cultures that emerge within certain occupational groups, characterized by unique values, norms, and behaviors shared among its members.