The opening price of the stock in the beginning of the day will be $75.
The quantity of anything is stated as though it were a fraction of a hundred.
The stock of Company A lost 2% today to $73.50.
Let x be the opening price of the stock in the beginning of the day.
Then the opening price of the stock in the beginning of the day will be
0.98 · x = 73.5
x = 73.5 / 0.98
x = $75
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