Problems(1)
Penni Precisely buys $100 worth of stock in each of three companies: Alabama Almonds, Boston Beans, and California Cauliflower. After one year, AA was up 20%, BB was down 25%, and CC was unchanged. For the second year, AA was down 20% from the previous year, BB was up 25% from the previous year, and CC was unchanged. If A, B, and C are the final values of the stock, then<spanclass=′latex−bold′>(A)</span> A=B=C<spanclass=′latex−bold′>(B)</span> A=B<C<spanclass=′latex−bold′>(C)</span> C<B=A<spanclass=′latex−bold′>(D)</span> A<B<C<spanclass=′latex−bold′>(E)</span> B<A<C AMC