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11. An investor short sold 50 shares of a stock one month ago, at a price of $65 per share. If the investor wants to
11. An investor short sold 50 shares of a stock one month ago, at a price of $65 per share. If the investor wants to limit total losses to $400, then the investor should place a stop loss order at what price?
a. $57
b. $69
c. $73
Please show the calculation and explain why. Thank you.
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Financial Shenanigans How To Detect Accounting Gimmicks And Fraud In Financial Reports
Authors: Howard M. Schilit, Jeremy Perler, Yoni Engelhart
4th Edition
126011726X, 9781260117264
