Ms. Gus feels confident that Gru Inc. stock will increase in value over the long-term....
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Accounting
Ms Gus feels confident that Gru Inc. stock will increase in value over the longterm. At the beginning of the year, Ms Gus paid $ for shares of Gru Inc. stock. She instructed her broker to reinvest any dividends in additional Gru Inc. shares. Her Form DIV reported that she earned $ dividend income which purchased additional shares. Which of the following statements is true?
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