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One year ago, you purchased a stock at a price of $43.20 per share. The stock...

One year ago, you purchased a stock at a price of $43.20 per share. The stock pays quarterly dividends of $.18 per share. Today, the stock is selling for $45.36 per share. What is your capital gain on this investment?

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Answer #1

Capital Gain= Current stock price - Stock price at purchase

                       = $45.36 - $43.20

                       = $2.16.

Therefore, the capital gain on the investment is $2.16.

In case of any query, kindly comment on the solution.

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