Question

HELP PLEASE, i’ll mark brainliest
3. Shares of stock ABC fell 12%, closing at $42.56. What was the value of the stock before the fall? Round the answer to the nearest cent.

O $51.07
O $47.66
O 354.56
O $48.36

Answer 1

The answer is 51.07

Answer 2

The answer is 48.36 = 42.56/(1-.12)