BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Based on the data related to McDonald’s stock from May 6, 2019, what is the percent increase or decrease over the past year?
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20% increase.
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19.71% decrease.
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19.71% increase.
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20% decrease.
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Explanation:
Detailed explanation-1: -McDonald’s Corporate’s initial public offering was April 21, 1965. Since going public in 1965, McDonald’s has executed 12 stock splits.
Detailed explanation-2: -McDonald’s had its initial public offering (IPO) on April 21, 1965, at $22.50 per share, and the stock price rose quickly to $30 per share on its first day of trading. One hundred shares of McDonald’s stock at $22.50 in 1965 would have turned into 74, 360 shares by March 1999 and be worth roughly $15, 700, 000.
Detailed explanation-3: -McDonalds Corporation (MCD) Com Stock USD0. You can buy or sell McDonalds Corporation shares through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account.
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