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You own 500 shares of Shamrock Enterprises that you bought at $21 a share. The stock is now selling for $42 a share. You put
You own 500 shares of Shamrock Enterprises that you bought at $21 a share. The stock is now selling for $42 a share. You put in a stop loss order at $37. If the stock eventually declines in price to $26 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: %
Rate of return without the stop loss: %
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