Multiple Choice
You purchased 75 shares of Basket Company for $42 a share.One share of the stock is currently trading between $52 and $53 and you placed a stop loss order at $47.If the stock price drops to $40 a share,what is your return on this investment?
A) 8.7%
B) 9.2%
C) 10.3%
D) 11.9%
E) 12.8%
Correct Answer:
Verified
Correct Answer:
Verified
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