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%
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%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4e07bfc9-132b-4ccb-baf9-5eaa0f3ac699%2F83139fdf-c49f-40e4-8d8a-ba594a09987a%2Fmf04l7p_processed.jpeg&w=3840&q=75)
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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