Yeah, I'm afraid you are incorrect on this one Endless.Think...

  1. 2,403 Posts.
    Yeah, I'm afraid you are incorrect on this one Endless.

    Think about it in terms of something being up less than 100%.

    If I say a $1 stock is up 50%, what price is it?

    By your maths, it would $0.50, when of course the correct answer is $1.50.
 
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