P4.3 Assuming you purchased a share for $50 one year ago, sold it today for $60, and

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P4.3 Assuming you purchased a share for $50 one year ago, sold it today for $60, and during the year received three dividend payments totalling $2.70, calculate the following.

a. Income

b. Capital gain (or loss)

c. Total return:

i. In dollars ii. As a percentage of the initial investment

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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