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Calculate the return in percent to four decimal places

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Reference no: EM132554712

Question 1: Imagine that on June 4, the Dow Jones Industrial Average closed at 13,598.14, which was up 148.86 points from the previous day's close of 13,449.28. Calculate the return, in percent to four decimal places, of the stock market for June 4.

Formula- R=(P-Po)/P

(13598.14-13449.28)/13598.14*100=1.094= 109.4%

Reference no: EM132554712

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