Find out the capital gain on investment, Accounting Basics

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Find out the capital gain on investment

Problem:

One year ago, you purchased a stock at a price of $33.49. The stock pays quarterly dividends of $0.20 per share. Today, the stock is selling for $28.20 per share.

Required:

Question: What is your capital gain on this investment?

-$5.29
-$4.76
-$4.16
-$5.09

Note: Explain all steps comprehensively.

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Accounting Basics: Find out the capital gain on investment

Reference No:- TGS0890612

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Accounting Basics: Find out the capital gain on investment

Reference No:- TGS0890612

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Recent Questions Asked Accounting Basics

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Accounting Basics: Find out the capital gain on investment

Reference No:- TGS0890612

Recent Questions Asked Accounting Basics

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