Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. the nasdaq stock market bubble peaked at 5,520 in

The NASDAQ stock market bubble peaked at 5,520 in 2000. Two and a half years...

50.1K

Verified Solution

Question

Finance

The NASDAQ stock market bubble peaked at 5,520 in 2000. Two and a half years later it had fallen to 1,235. What was the percentage decline? (Negative answer should be indicated with a minus sign. Round your answer to 2 decimal places.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

The radius of a circle is 6 ft Answer the parts below Make sure that...

Chemistry
1.2K views

Part 1) what is the source of solute movement through the capillary? Part 2) what drawbacks...

Physics
1.2K views

38 A beam of unpolarised light is incident on a tourmaline crystal C The intensity...

Physics
1.2K views

Find equivalent resistance between points A and B Values of resistances in ohms are as...

Geometry
1.2K views

7 2x 3 X 8 or X x 3 8 optional

Basic Math
1.2K views

Find the area of the given geometric figure The area of the triangle is Simplify...

Calculus
1.2K views

Consider a metal plate whose shape is the region in the xy plane bounded by...

Algebra
1.2K views

4n 8n 8n 4n

Accounting
1.2K views

Use the information to create a balance sheet. Credit 13,000.00 6,000.00 - Mike...

Accounting
1.2K views

Shimada Products Corporation of Japan plans to introduce a new electronic component to the market...

Accounting
1.2K views

Entries for bad debt expense under the direct write-off and allowance methods The following selected...

Accounting
1.2K views

Evaluate whether companies can shape culture