The sentences that indicate that Mei is making an investment mistake include:
- Currently, the stock price is $15.
- Mei is still waiting for the price to increase and is not selling her shares.
<h3>What is an investment?</h3>
An investment is an asset that's acquired in order to build wealth.
In this case, Mei bought the company’s stock at $30 per share but now it's $15. This indicates that she made a mistake.
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412/82.5=442/x. 412/82.5=about 4.993. 442/4.993=about 88.4