The correct option is B. 44%.
Given that,
The changes in the price of a stock from one year to the next year for three consecutive years were a 20% increase, a 25% decrease, and a 60% increase.Based on the above information, the calculation is as follows:
20% Increase = 1.2
25% decrease = (1-.25) = .75
60% increase = 1.6
Now
[tex]= 1.2 \times .75 \times 1.6[/tex]
= 1.44.
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