The stock of Columbia Sportswear Company (Symbol: COLM) is selling for $50 per share. You put in a limit buy order at $45 for one month. During the month, the stock price declines to $40 per share, then jumps to $60 per share. Ignoring commissions;What would have been your rate of return on this investment?;What would be your rate of return if you had put in a market order?;What if your limit order was at $38.00?
Paper#28230 | Written in 18-Jul-2015Price : $27