You Make a $1,000 Investment in the Stock of ABC

question 14

Essay

You make a $1,000 investment in the stock of ABC Inc. Over the next year the investment decreases by 60%. What percentage increase do you need in the following year on your holding to be back to $1,000?

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Definitions:

Minority Group Members

Individuals belonging to a sociodemographic group that experiences discrimination, social disadvantage, or is numerically less than the majority group within a society.

Prejudiced

A preconceived opinion or judgment about someone or something that is not based on reason or actual experience, often manifesting in negative or discriminatory beliefs.

Institutional Discrimination

Discrimination that has been embedded into the policies, laws, and practices of social institutions, resulting in unfair treatment of individuals based on their group identity.

Denny's

An American table service diner-style restaurant chain known for being open 24/7 and serving breakfast, lunch, and dinner meals.