Last year, you bought 500 shares of Twedt El Dee stock at ($37) per share. You have
Question:
Last year, you bought 500 shares of Twedt El Dee stock at \($37\) per share. You have received total dividends of \($1,000\) during the year. Currently, Twedt El Dee stock sells for \($38\).
a. How much did you earn in capital gains?
b. What was your total dollar return?
c. What was your percentage return?
d. Must you sell the Twedt El Dee stock to include the capital gains in your return?
Explain.
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