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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Related Book For
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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