17
QuizMath Formula

Investment Opportunities — Test

Question 17 • Advanced Financial Algebra

A stock is trading for $⁢102.30 A broker orders that the stock be sold immediately if it goes up or down by 6% of the current price. Let x be the price of the stock at any point in the future. Write an absolute value equation to represent the requirements. Enter your answer in the box.

Answer

Math Formula Answer:

|x-102.30|=6.138

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