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You own 400 shares of Shamrock Enterprises that you bought at $18 a share. The stock is now selling for $32 a share. You put
You own 400 shares of Shamrock Enterprises that you bought at $18 a share. The stock is now selling for $32 a share. You put in a stop loss order at $28. If the stock eventually declines in price to $21 a share, what would be your rate of return with and without the stop loss order? Round your answers to two decimal places.
Rate of return with the stop loss in percent
Rate of return without the stop loss in percent
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