Suppose the nasdaq stock market bubble peaked at 5480 in


Stock Market Bubble

Suppose the NASDAQ stock market bubble peaked at 5,480 in 2000. Two and a half years later it had fallen to 1,255. What was the percentage decline? (Negative answer should be indicated with a minus sign. Round your answer to 2 decimal places.)

Market decline      %

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Financial Management: Suppose the nasdaq stock market bubble peaked at 5480 in
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