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You Own 50 Shares of Auto Corporation That You Purchased

question 49

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You own 50 shares of Auto Corporation that you purchased for $30 a share. The stock is currently selling for $50 a share and you placed a stop loss order at $45. If the stock price drops to $35 a share what is your return on this investment?


Definitions:

Delay Gratification

The process of resisting an immediate reward in preference for a later, often greater, reward.

Grit

A personality trait characterized by persistence and resilience in the face of failure or obstacles.

Variety of Flavors

The range or assortment of distinct tastes available in food or drink, contributed by ingredients and preparation methods.

Cultural Influences

The impact of culture on an individual's beliefs, behaviors, and understanding of the world.

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