You bought a stock one year ago for $48.45 per share and sold it today for $57.58 per share. It paid a $1.93 per share dividend today. If you assume that the stock fell $5.23 to $43.22 instead. Is your capital gain different? Why or why not?
You bought a stock one year ago for $48.45 per share and sold it today for $57.58 per share. It paid a $1.93 per share dividend today. If you assume that the stock fell $5.23 to $43.22 instead. Is your capital gain different? Why or why not?
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 2P
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You bought a stock one year ago for $48.45 per share and sold it today for $57.58 per share. It paid a $1.93 per share dividend today. If you assume that the stock fell $5.23 to $43.22 instead. Is your
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Is it because:
a. The
or
b.The capital gain will be different because the selling price has changed.
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