Answer:
the percentage did the stock decline is 4%
Step-by-step explanation:
The computation of the percentage did the stock decline as follows:
= Lost value ÷ original price
= $1.18 ÷ ($1.18 + $28.32)
= $1.18 ÷ $29.50
= 4% decline
Hence, the percentage did the stock decline is 4%
