Determining the capital gain on investment, Finance Basics

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Determining the capital gain on investment

One year ago, you purchased a stock at a price of $32.16. The stock pays quarterly dividends of $0.20 per share. Today, the stock is selling for $28.20 per share. What is your capital gain on this investment?

A. -$4.16

B. -$3.96

C. -$3.76

D. -$3.16

E. -$2.96

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Finance Basics: Determining the capital gain on investment

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Finance Basics: Determining the capital gain on investment

Reference No:- TGS055567

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Recent Questions Asked Finance Basics

Q : Cost of failing-effective interest rate

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Determining the capital gain on investment

Reference No:- TGS055567

Recent Questions Asked Finance Basics

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Q : Describe how all these initial expenses are treated

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