Question
Indy owns 200 shares of stock in Pet Mart Corporation that he purchased for $20 per share. Every year he has received, from company
Indy owns 200 shares of stock in Pet Mart Corporation that he purchased for $20 per share. Every year he has received, from company profits, $2.50 for each share he owns. If Indy holds his shares for ten years, he O will have received $5,000 in dividends. O b. will earn a capital gain of $5,000. Oc. will receive $5,000 in interest. O d. should sell the stock to maximize the return on his investment.
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