True or false the price of the stock rises by 28% then later falls by 28% after the two changes and value the price is unchanged

Answer 1

FALSE

surprisingly it's not true

say for example the stock price was $100 initially. a 28% rise comes to $128 as the new price

but a 28% fall would be .28(128) which is more than 28. .28 x 128 = $35.84. $128-$35.84= $94.16

You're worse off to experience a 28% increase and then suffer a 28% decrease.