Answer:
Average change per day since then = $0.72
Step-by-step explanation:
Stock listing for Enam Telecom is given as
52 wk high 52 wk low Symbol Div. Close Net change
122.866 64.77 ENM 3.45 99.14 4.74
The lowest price $64.77 occurred 48 days ago.
Today's close for the stock was $99.14.
Now we have been asked to tell the approximate average change per day since then.
Therefore Average change per day = (closing value for today - closing value 48 days ago) ÷ (number of days)
Since closing value 48 days ago = 52 week low = $64.77
Now average change = [tex]\frac{(99.14-64.77)}{48}=0.72[/tex]
Therefore answer is $0.72 is the average change per day.
