One year ago, you purchased 100 shares of stock at a price of $38.20 per...
80.2K
Verified Solution
Link Copied!
Question
Finance
One year ago, you purchased 100 shares of stock at a price of $38.20 per share. The stock pays quarterly dividends of $0.18 per share. Today, the stock is selling for $49.18 per share. What is your capital gain on this investment?
Group of answer choices
$343
$662
$1,098
$686
$549
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
