Question: You start trading with an account worth $ 2 5 0 , 0 0 0 . You decide that the most you want to risk

You start trading with an account worth $250,000. You decide that the most you want to risk on any trade is 1.00% of the account value. You've been following a stock and believe the appropriate entry point is $40 per share with a 10% trailing stop. Based on this information , how many shares do you initially buy ?

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