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Accounting

Problem:

One year ago, you purchased a stock at a price of $33.49. The stock pays quarterly dividends of $0.20 per share. Today, the stock is selling for $28.20 per share.

Required:

Question: What is your capital gain on this investment?

-$5.29
-$4.76
-$4.16
-$5.09

Note: Explain all steps comprehensively.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91171790

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