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Orion Corp. shares are currently selling for $35 each. You bought 150 shares one year ago at $30 per share and received dividend payments of $2.00 per share during the year. What was your percentage capital gain this year?

Orion Corp. shares are currently selling for $35 each. You bought 150 shares one year ago at $30 per share and received dividend payments of $2.00 per share during the year. What was your percentage capital gain this year?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 8P
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Please provide the accurate answer to this general accounting problem using valid techniques.

Orion Corp. shares are currently selling for $35 each. You bought 150 shares one year ago at $30 per share and received dividend payments of $2.00 per share during the year. What was your percentage capital gain this year?
Transcribed Image Text:Orion Corp. shares are currently selling for $35 each. You bought 150 shares one year ago at $30 per share and received dividend payments of $2.00 per share during the year. What was your percentage capital gain this year?
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