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The stock of the Madison Travel Co . is selling for $ 3 0 a share. You put in a limit buy order at $
The stock of the Madison Travel Co is selling for $ a share. You put in a limit buy order at $ for one month. During the month the stock price declines to $ then jumps to $ Ignoring commissions, what would have been your rate of return on this investment? Round your answer to two decimal places.
What would be your rate of return if you had put in a market order? Round your answer to two decimal places.
What if your limit order was at $
Since the market
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to $ the limit order
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