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could you please explain how to solve these step by step You purchased a share of stock for $20. Two years later you received $1
could you please explain how to solve these step by step
You purchased a share of stock for $20. Two years later you received $1 as dividend and sold the share for $29. What was your holding period return? 45% 5% 40% 50% Related to the previous question, what was your effective annual rate? 22.5% 25.0% 20.0% 25.5% You purchased XYZ stock at $60 per share. The stock is currently selling at $90. You expect the stock price to go up, but not 100% sure. Placing a may protect your current gains of $60 while at the same time keeping the opportunity open for future upward potential. stop - buy order stop - loss order limit - buy order limit - sell orderStep by Step Solution
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