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If you bought a stock last year for a price of $53, and it has gone down 19% since then, how much is the stock worth now, to the nearest cent? Answer:

If you bought a stock last year for a price of $53 \$ 53 , and it has gone down 19% 19 \% since then, how much is the stock worth now, to the nearest cent?\newlineAnswer:

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Q. If you bought a stock last year for a price of $53 \$ 53 , and it has gone down 19% 19 \% since then, how much is the stock worth now, to the nearest cent?\newlineAnswer:
  1. Subtract to find current value: Now, we subtract the decrease from the original price to find the current value of the stock. \newlineOriginal price - Decrease = Current value\newline$53−$10.07=$42.93\$53 - \$10.07 = \$42.93

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