Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assuming there were no buying/selling fees, what would be the total capital gain if 147 shares of DCBA stock were purchased for $31.36 per share

image text in transcribed
Assuming there were no buying/selling fees, what would be the total capital gain if 147 shares of DCBA stock were purchased for $31.36 per share and all 147 shares were sold for $43.43 per share six months later? Round your answer to the nearest penny. Input just the number. Do not input the dollar sign. Do not use a comma. Example: 1021.57

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics Of Money Banking And Financial Markets

Authors: Frederic S. Mishkin

6th Edition

0321113624, 978-0321113627

More Books

Students also viewed these Finance questions

Question

Define Administration?

Answered: 1 week ago