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?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
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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 capital gain different? Why or why not?

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Is it because:

a. The capital gain will be different because the dividend did not change.

or

b.The capital gain will be different because the selling price has changed.

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