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Suppose you purchase 480 shares of a stock at $28 per share, ignoring all commissions. Assume that the stock paid a dividend of $1.20 per

Suppose you purchase 480 shares of a stock at $28 per share, ignoring all commissions. Assume 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 amount of the capital gain (or loss)?

A. $3,880

B. $576

C. $4,456

D. $690

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