6. The stock of Michele Travel Company is selling at $28 a share. You put...
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6. The stock of Michele Travel Company is selling at $28 a share. You put a limit buy order at $24 for one month. During the month, the stock gradually declines to $20, then jumps to $36. Ignoring commissions, what would have been your rate of return on this investment? a. b. Again ignoring commissions, what would have been your rate of return if you had put in a market order? c. Again ignoring commissions, what if your limit order was at $18. d. Explain how one might use a stop order after buying the security under scenario (b) Suppose the stop loss order was set at $21 what would have been your realized rate of return
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