Question
Boeing is currently trading for $28 per share. You put in a limit buy order 100 shares at $24 one month ago when the stock
Boeing is currently trading for $28 per share. You put in a limit buy order 100 shares at $24 one month ago when the stock price was $30 per share. During that month, the stock price went down to $20, then jumped up to $36, then fell back to $28 (the current price). The stock pays no dividends. The risk fee is 0.
1) what's the real return?
2) What would your return have been if you placed a market order at the beginning of the month instead of a limit buy order?
3) What would your return have been if you placed a limit buy order at $18 instead of $24 per share?
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