Problem $3-05$

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Problem $3-05$

You own $500$ shares of Shamrock Enterprises that you bought at $$27$ a share. The stock is now selling for $$42$ a share. You put in a stop loss order at $$39.$ If the stock eventually declines in price to $$32$ a share, what would be your rate of return with and without the stop loss order $($ignore commissions$)?$ Round your answers to two decimal places.

Rate of return with the stop loss: $\%$

Rate of return without the stop loss: $\%$