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An investor currently holds 100 shares of San Miguel Corporation (SMC) which she bought at the price of P90 per share. SMC is currently trading
An investor currently holds 100 shares of San Miguel Corporation (SMC) which she bought at the price of P90 per share. SMC is currently trading at the price of P120 per share. She placed a stop loss order at the price of P100. The commission rate is 3% and SMC paid a dividend of P2 per share. If she sells all of her shares today, what will be her rate of return?
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