Stock investment
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Assuming you purchased a share of stock for $50 one year ago, sold it today for $60, and during the year received three dividend payments totaling $2.70, calculate the following:
a) Current income
b) Capital gain/loss
c) Total return 1) in dollars 2) as a percentage of the initial investment.
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Solution Summary
The solution explains how to calculate the current income, capital gain or loss and total return on a stock investment
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a) Current income
Current income is the amount of dividends received= $2.70
b) Capital gain/loss
Capital gain ...
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