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Suppose that you purchased 480 shares of a stock at $28 per share, ignoring all commissions. A ssume that the stock paid a dividend of
Suppose that you purchased 480 shares of a stock at $28 per share, ignoring all commissions. A ssume that the stock paid a dividend of $1.20 per share for the year. The stock price rose to $34 per share and was then sold at that price. What was the total dollar ampunt of the capital gain (or loss)?
A. $3,880
B. $576
C. $4,456
D. $690
this is a test question, and this is all theinfo the wuestion supplies
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