Compute mean change in stock price of the companies

Reference no: EM131762001

Question: Initial public offerings (1.3) The business magazine Forbes reports that 4567 companies sold their first stock to the public between 1990 and 2000. The mean change in the stock price of these companies since the first stock was issued was +111%. The median change was -31%.58 Explain how this could happen.

Reference no: EM131762001

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