Question
Sammy purchased 2,500 shares of Smith stock for 95 dollars per share last year. One year later he sold the stock at 105 per share
Sammy purchased 2,500 shares of Smith stock for 95 dollars per share last year. One year later he sold the stock at 105 per share and received a dividend of $5 per share. Calculate the capital gain in dollars. (Round to nearest dollar)
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
6th Edition
0201538997, 978-0201538991
