On March 9, 2009, the Dow Jones Industrial Average reached a new low at a close of 6,847.20, which was down 86.04 that day.What was the return (in percent) of the stock market that day? (Negative answer should be indicated by a minus sign. Round your answer to 2 decimal places.) Return of Stock Market :  _____.__%

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
Section: Chapter Questions
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On March 9, 2009, the Dow Jones Industrial Average reached a new low at a close of 6,847.20, which was down 86.04 that day.

What was the return (in percent) of the stock market that day? (Negative answer should be indicated by a minus sign. Round your answer to 2 decimal places.)

Return of Stock Market :  _____.__%

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