Question 2 (1 point) Saved
A year ago, Rebecca purchased 100 shares of Havad stock for $20 per share.
Yesterday, she placed a limit order to sell her stock at a price of $33 per share before
the market opened. The stock's price opened at $23 and slowly increased to $26 in
the middle of the day, before declining to $22 by the end of the day. The stock did
not pay any dividends over the period in which Rebecca held it. Given Rebecca's
initial investment of $ 20 per share, her return is

Her return is  

Step-by-step explanation:

From the question we are told that

   The number of shares purchased is

    The  cost price  of each share is  

    The limit order is    

    The first  market price for each share is  

    The second   market price for each share is

     The  third market price for each share is  

Generally the  limit order would  not be  executed given that it is higher than the market opening and  closing price.

  Considering Rebecca's initial investment of $ 20 per share, her return is mathematically evaluated as

Here d stands for the dividend but since we are told that the stock did not pay any dividend

More?

Step-by-step explanation:

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