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Assume you have a 1 million with 1% risk and wish to place a 7% stop loss. A security you are following is trading at

Assume you have a 1 million with 1% risk and wish to place a 7% stop loss. A security you are following is trading at 22. Assume that you win 25% of the time and have a gain of 18% each win. When you lose, you lose 5%.

Determine the stop loss price.

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