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An investor bought a stock for $5 per share 15 years ago. The price has hit a recent high $40 and it was trading at
An investor bought a stock for $5 per share 15 years ago. The price has hit a recent high $40 and it was trading at $38 last month. If the investors reference point is the recent high, for at least how much the stock needs to be sold for the investor to feel good?
A. $5
B. $25
C. $38
D. $40
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