TEAS Math Problem Solving Practice Test 2

Question : 38 of 39

Marks: +1, -0

Brad plans to leave instructions with his broker to sell all of his shares in a particular company if the value of its stock rises more than 10% above the current price, but to purchase additional shares if the stock’s value falls more than 10% below its present value. The stock is currently selling for $73.50 a share.
Which expression represents the interval, n, between which the broker should neither buy nor sell any shares of the company’s stock for Brad?

$69.83 < n < 77.18$
$73.60 < n < 73.60$
$66.15 < n < 80.85$
$63.50 < n < 83.50$

Validate

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