The stock of the madison travel co. is selling for 56 per, Ask an Expert

Finance

The stock of the Madison Travel Co. is selling for $56 per share. You put a limit buy order at $48 for one month. During the month, the stock price declines to $46, then jumps to $66, which is the month-end price.

a. Ignoring commissions, what would have been your rate of return on this investment?
b. What would be your rate of return if you had put in a market order?
c. What if your limit order was at $45?

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M927689

Have any Question?Write your Review or question?

Related Questions in Basic Finance

Many people have a hard time differentiating the

Many people have a hard time differentiating the relationships in Project, Program, Portfolio, and Operations Management when it comes to managing projects. Why do you think this is the case? What can be done to help peo ...

Questions -q1 firm a is issuing a zero-coupon bond that

Questions - Q1: Firm A is issuing a zero-coupon bond that will have a maturity of 50 years. The bond's par value is $1,000, and the current interest rate is 7.5%. What is the price of this bond? Q2: What is the price of ...

Question - if tapley inc borrows 500000 on a 10 add on

Question - If tapley inc borrows 500000 on a 10 add on basis payable over 3 years in 36 equal end of month installments how large would the monthly payments be?

Moving cash flowyou are scheduled tonbspreceivenbspa 420

Moving Cash Flow You are scheduled to receive a $420 cash flow in one year, a $720 cash flow in two years, and pay a $320 payment in three years. If interest rates are 12 percent per year, what is the combined presen ...

Consider the balance sheet in millions of for first

Consider the balance sheet (in millions of $) for First Integrated Bank: FY 2017 AMOUNT DURATION ASSETS $790 MILLION 7.5 YEARS LIABILITIES $650 MILLION 1.5 YEARS What is the FIB's duration gap? 4.9 years 5.4 years 6.0 ...

One year ago you bought common stock for 20 per share today

One year ago, you bought common stock for $20 per share. Today the stock is selling for $19 per share. During the year, you received four dividend payments, each in the amount of $0.20 per share. (a) What was your rate o ...

Find the future value of this problem and round answer to 2

Find the future value of this problem, and round answer to 2 decimal places. (This is a problem to help me study for my test) How much would $1,000, growing at 5.0% per year, be worth after 40 years?

Question - hittel inc is considering leasing or purchasing

Question - Hittel, Inc. is considering leasing or purchasing a small aircraft to transport executives between manufacturing facilities and the main administrative headquarters. The firm is in the 40 percent tax bracket a ...

A couple thinking about retirement decide to put aside 3700

A couple thinking about retirement decide to put aside $3,700 each year in a savings plan that earns 7% interest. In 10 years they will receive a gift of $17,000 that also can be invested. a. How much money will they hav ...

A young couple decide to take advantage the current

A young couple decide to take advantage the current first-time home buyer credit and buy a new house. With their combined income, they can afford to make a maximum of $800 monthly payment. With their credit history, they ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert