The net change in price of the stock is $1
How to determine the net change in price of the stock?
The given parameters are
Monday = $7 rise
Tuesday = $8 drop
Wednesday = $2 rise
The net change in price of the stock is calculated as
Net change = Monday + Tuesday + Wednesday
Where
Rise = +
Drop = -
So, we have
Net change = 7 - 8 + 2
Evaluate
Net change = 1
Hence, the net change in price of the stock is $1
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