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You purchased a stock at a price of $62.48. The stock paid a dividend of $1.71 per share and the stock price at the end
You purchased a stock at a price of $62.48. The stock paid a dividend of $1.71 per share and the stock price at the end of the year is $55.90. What are your capital gains on this investment?
a. -$5.73
b. -$4.87
c. -$1.71
d. -$6.15
e. -$6.58
I got Capital Gains = Ending Price - Purchase price = $55.90 - $62.48 = -$6.58, not sure where to go from here though. Thanks!!
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