Market value of ibm stock
On February 18, 2013, Union Corporation purchased 10,000 shares of IBM common stock as a long-term investment at $60 per share. On December 31, 2013, and December 31, 2014, the market value of IBM stock is $58 and $61 per share, respectively.
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They were down to .07, a decline of 30%. Explain the fall in the price of a peso using supply and demand curves. In words, explain the equivalent rise in the price of a dollar.
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