The stock of columbia sportswear company symbol colm is, Ask an Expert

Finance

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?

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Basic Finance, Finance

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