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Milo owns 100 shares of stock in Wide-World Travel Corporation that he purchased for $50 per share. Every year he has received, from company profits,
Milo owns 100 shares of stock in Wide-World Travel Corporation that he purchased for $50 per share. Every year he has received, from company profits, $5 for each share he owns. If Milo sells all his shares at a price of $70 per share, he will receive a Multiple Choice total capital gain of $2,000. total capital gain of $7,000. dividend of $20 per share. capital gain of $70 per share
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