Question
You purchase 3M stocks for $71 per share. The firm pays a dividend of $1,001.41 and the shares are now worth $72 per share. What
You purchase 3M stocks for $71 per share. The firm pays a dividend of $1,001.41 and the shares are now worth $72 per share. What is the capital gain/loss return for this scenario?
A) Cap gain %: +7.1%
B) Cap gain%: 1.39%
C) Cap gain%: -1.41%
D) Cap gain%: +1.41%
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
