R.     You bought 100 shares of DataPoint for $25 per share and it is currently selling for $40 per share. Assume that the stock eventually declines to $31. In answering the following, please ignore brokerage commissions, margin interest costs, and other transaction costs Calculate your percentage Holding Period Return at the $31 price assuming that you placed a stop-sell order at $40 per share and the order executed at that price   a. 60% b. 24% c. 37.50% d. 51.61%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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You bought 100 shares of DataPoint for $25 per share and it is currently selling for $40 per share. Assume that the stock eventually declines to $31. In answering the following, please ignore brokerage commissions, margin interest costs, and other transaction costs Calculate your percentage Holding Period Return at the $31 price assuming that you placed a stop-sell order at $40 per share and the order executed at that price

 

a.

60%

b.

24%

c.

37.50%

d.

51.61%

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