Question
Angelica purchased stock valued at $40,000 in 2000. In 2005, she sold the stock for $52,000. Angelica's capital gain, for tax purposes, is $12000, which
Angelica purchased stock valued at $40,000 in 2000. In 2005, she sold the stock for $52,000.
Angelica's capital gain, for tax purposes, is $12000, which is a 30% gain on her investment.
Over the period during which Angelica owned her stock, asset prices rose by 8% due to inflation. Thus Angelica's real capital gain is
what ____% and what $_____?
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Economic Change In Asia Implications For Corporate Strategy And Social Responsibility
Authors: M Bruna Zolin, Bernadette Andreosso O'Callaghan, Jacques Jaussaud
1st Edition
1317286650, 9781317286653
