Lucylu1365 Lucylu1365

22-02-2024
Business

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The stock of the Madison Travel Co. is selling for $30 a share. You put in a limit buy order at $26 for one month. During the month the stock price declines to $21, then jumps to $39. Ignoring commissions, what would have been your rate of return on this investment? Round your answer to two decimal places. %

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