The percentage increase of the value of Tessa's stock is 21%.
Percentage increase
Using this formula
Percentage increase=Current stock worth-Old stock worth/Old stock worth
Where:
Current stock worth=$297.66
Old stock worth=$246.00
Let plug in the formula
Percentage increase=$297.66 - $246.00 / 246.00 × 100
Percentage increase=$51.66/ 246.00 × 100
Percentage increase=21%
Inconclusion the percentage increase of the value of Tessa's stock is 21%.
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