Given that First Bancorp was down by 80 percent for 2010, why did some investors hold the

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Given that First Bancorp was down by 80 percent for 2010, why did some investors hold the stock? Why didn’t they sell out before the price declined so sharply?

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 13, 2014 08:33 AM

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Given that First Bancorp was down by 80 percent for 2010, why did some investors hold the

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Fundamentals of corporate finance

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