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Personal Finance Problem P7-6 Common stock value: Zcro growth Kelsey Drums, Inc, is a well-established supplier of fine percussion instruments to orchestras all over the
Personal Finance Problem P7-6 Common stock value: Zcro growth Kelsey Drums, Inc, is a well-established supplier of fine percussion instruments to orchestras all over the United States The company's class A common stock has paid a dividend of S5.00 per share per year for the last 15 years. Management expects to continue to pay at that amount for the foreseeable future. Sally Talbot purchased 100 shares of Kebey dass A common 10 years ago at a time when the required rate of return for the stock was 16%. She wants to sell her shares today. The current required rate of return for the stock is 12%. How much capeal gain or loss will Sally have on her shares
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