If DJT Stock is priced at $50.00/share today (Day -0-) and it losses 10% of it's remaining value daily (5 day investment week) on what Day will the value fall to <$10.00/share?
Day 0 = $50.00/share
Day 1 = $50.00-(50.00*.10) = $45.oo/share - loss of $5.00
Please show your work when presenting your solution.
Day 0 = $50.00/share
Day 1 = $50.00-(50.00*.10) = $45.oo/share - loss of $5.00
Please show your work when presenting your solution.
