SOLUTION: Prior to an oil spill, the stock in an oil company sold for $120 per share. As a result of the liability that the company incurred from the spill, the price per share fell to ¾ of
Question 1172836: Prior to an oil spill, the stock in an oil company sold for $120 per share. As a result of the liability that the company incurred from the spill, the price per share fell to ¾ of the price before the spill. What did the stock sell for after the spill? Answer by ikleyn(52778) (Show Source):