Given that Occidental Petroleum was down by about 58 percent for 2020, why did some investors hold

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Given that Occidental Petroleum was down by about 58 percent for 2020, why did some investors hold the stock? Why didn’t they sell out before the price declined so sharply?

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Corporate Finance

ISBN: 9781260772388

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Nov 14, 2022 03:17 AM

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Given that Occidental Petroleum was down by about 58 percent for 2020, why did some investors hold

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Corporate Finance

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