P4.1 How much would an investor earn on a stock purchased one year ago for $63 if
Question:
P4.1 How much would an investor earn on a stock purchased one year ago for $63 if it paid an annual cash dividend of $3.75 and had just been sold for $67.50? Would the investor have expe- rienced a capital gain? Explain.
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Related Book For 
Fundamentals Of Investing
ISBN: 9780136117049
11th Edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott B. Smart, Scott J. Smart
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