A stock is bought for $21.00 and sold for $27.50 one year later, immediately after it has paid a dividend of $1.50. What is the capital gain rate for this transaction? O A. 15.48% O B. 30.95% O C. 6.19% O D. 24.76%

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
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This Question: 1 pt
2 of 30 (14 complete)
his Test: 30 pts p...
A stock is bought for $21.00 and sold for $27.50 one year later, immediately after it has paid a
dividend of $1.50. What is the capital gain rate for this transaction?
O A. 15.48%
O B. 30.95%
O C. 6.19%
O D. 24.76%
Click to select your answer.
Mach
20
F3
D00
D00 FA
esc
F2
24
Transcribed Image Text:This Question: 1 pt 2 of 30 (14 complete) his Test: 30 pts p... A stock is bought for $21.00 and sold for $27.50 one year later, immediately after it has paid a dividend of $1.50. What is the capital gain rate for this transaction? O A. 15.48% O B. 30.95% O C. 6.19% O D. 24.76% Click to select your answer. Mach 20 F3 D00 D00 FA esc F2 24
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