Excelsior shares are currently selling for $29 each. You bought 200 shares one year ago at $26 and received dividend payments of $1.25 per share. What was your percentage capital gain this year?
Excelsior shares are currently selling for $29 each. You bought 200 shares one year ago at $26 and received dividend payments of $1.25 per share. What was your percentage capital gain this year?
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 8P
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Transcribed Image Text:Excelsior shares are currently selling for $29 each. You
bought 200 shares one year ago at $26 and received
dividend payments of $1.25 per share. What was your
percentage capital gain this year?
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