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You have invested in the shares of Turkish Airlines for many years. Now the value of your Turkish Airlines shares is just equal to
You have invested in the shares of Turkish Airlines for many years. Now the value of your Turkish Airlines shares is just equal to the down payment needed to purchase your dream house. You will purchase your dream house next month. At that time you will sell your Turkish Airlines shares to pay for the downpayment on the house. You expect that Turkish Airline's share price will increase within 2-3 weeks. So, you want to keep the shares till the last moment before you buy the house. But if something happens unexpectedly and share market prices fall, you will not be able to buy the house. What is a good course of action for you in this case?
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
