Question

The stock of the Madison Travel Co. is selling for $34 a share. You put in...

The stock of the Madison Travel Co. is selling for $34 a share. You put in a limit buy order at $29 for one month. During the month the stock price declines to $23, then jumps to $41. Ignoring commissions, what would have been your rate of return on this investment? Round your answer to two decimal places and put in percent

  

What would be your rate of return if you had put in a market order? Round your answer to two decimal places and put in percent

  

What if your limit order was at $20?

Since the market (Select) to $20 the limit order (Select)

The drop Select portion is either Decline or Not Decline for the first one

and the select portion for the second one is has been executed and has not been executed

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
You have $35,700 to invest in Sophie Shoes, a stock selling for $70 a share. The...
You have $35,700 to invest in Sophie Shoes, a stock selling for $70 a share. The initial margin requirement is 80 percent. Do not round intermediate calculations. Round your answers to two decimal places. Use a minus sign to enter negative values, if any. Ignoring taxes and commissions, calculate your rates of return if the stock rises to $80 a share and if it declines to $35 a share assuming you pay cash for the stock. Rate of return if...
Here is some price information on Fincorp stock. Suppose first that Fincorp trades in a dealer...
Here is some price information on Fincorp stock. Suppose first that Fincorp trades in a dealer market. Bid Asked 55.25 55.50 a. Suppose you have submitted an order to your broker to buy at market. At what price will your trade be executed? (Round your answer to 2 decimal places.) b. Suppose you have submitted an order to sell at market. At what price will your trade be executed? (Round your answer to 2 decimal places.) c. What will happen...
Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market....
Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market. Bid Asked 22.65 22.79 a. Suppose you have submitted an order to your broker to buy at market. At what price will your trade be executed? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Price $ b. Suppose you have submitted an order to sell at market. At what price will your trade be executed? (Round your answer...
Three years ago, you bought 700 shares of Kayleigh Milk Co. for $15 a share with...
Three years ago, you bought 700 shares of Kayleigh Milk Co. for $15 a share with a margin of 70 percent. Currently, the Kayleigh stock is selling for $20 a share. Assume there are no dividends and ignore commissions. Do not round intermediate calculations. Round your answers to two decimal places. Assuming that you pay cash for the stock, compute the annualized rate of return on this investment if you had paid cash.   % Assuming that you used the maximum...
You own 2,200 shares of stock in Avondale Corporation. You will receive a $1.40 per share...
You own 2,200 shares of stock in Avondale Corporation. You will receive a $1.40 per share dividend in one year. In two years, the company will pay a liquidating dividend of $48 per share. The required return on the company's stock is 20 percent. a. Ignoring taxes, what is the current share price of your stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If you would rather have equal dividends in...
There is an American put option on a stock that expires in two months. The stock...
There is an American put option on a stock that expires in two months. The stock price is $69 and the standard deviation of the stock returns is 59 percent. The option has a strike price of $78 and the risk-free interest rate is an annual percentage rate of 5.8 percent. What is the price of the option? Use a two-state model with one-month steps. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
You own 2,200 shares of stock in Avondale Corporation. You will receive a $1.60 per share...
You own 2,200 shares of stock in Avondale Corporation. You will receive a $1.60 per share dividend in one year. In two years, the company will pay a liquidating dividend of $60 per share. The required return on the stock is 20 percent. Ignoring taxes, what is the current share price of the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Share price $ If you would rather have equal dividends in...
You purchased XYZ stock at 100 USD per share. The stock is currently trading at 120...
You purchased XYZ stock at 100 USD per share. The stock is currently trading at 120 USD, you can protect your gains by a_____ Select one: a. Market order b. Stop buy order c. Limit-sell order d. Limit-buy order
Problem 4-01 You purchase 100 shares for $70 a share ($7,000), and after a year the...
Problem 4-01 You purchase 100 shares for $70 a share ($7,000), and after a year the price rises to $80. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense): 20 percent. Round your answer to one decimal place.   % 30 percent. Round your answer to one decimal place.   % 75 percent. Round your answer to one decimal place.   %
Consider the following limit order book for a share of stock. The last trade in the...
Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $95. Limit Buy Orders Limit Sell Orders Price Shares Price Shares $94.75     800 $95.25     120 94.50     1,100 96.50     120 94.25     800 99.75     200 94.00     200 103.25     120 93.50     900 a. If a market buy order for 120 shares comes in, at what price will it be filled? (Round your...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT