SOLUTION: a stock currently costs $44. it is down 20% so far this year. How much did the stock cost at the beginning of the year?

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Question 481237: a stock currently costs $44. it is down 20% so far this year. How much did the stock cost at the beginning of the year?
Answer by rfer(16322)   (Show Source): You can put this solution on YOUR website!
44/0.8=$55
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