Question

You invested into a content management company that specializes in peer to peer networks four years ago with a stock value of $56.30 a share. Today, a single share of the company is worth $32.21. Given this information, determine the decay factor for the four year period and round your answer to the hundredth place.
a.) 57.0
b.) 0.57
c.) 570
d.) 1.57

Answer 1

i think the answer is b right?

Answer 2

Well, aren't we dividing 32.21 by 56.30?

Answer 3

If so then B would be correct.

Answer 4

omg yess thanks!

Answer 5

Sure thing.