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Remo Corp's shares are currently selling for $42 each. You bought 150 shares one year ago at $38 and received dividend payments of $1.50 per share. What was your percentage capital gain this year?

Remo Corp's shares are currently selling for $42 each. You bought 150 shares one year ago at $38 and received dividend payments of $1.50 per share. What was your percentage capital gain this year?

Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
Section: Chapter Questions
Problem 1P: Thress Industries just paid a dividend of 1.50 a share (i.e., D0 = 1.50). The dividend is expected...
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Financial accounting 3.4

Remo Corp's shares are currently selling for $42 each. You bought 150 shares one year ago at $38 and received dividend payments of $1.50 per share. What was your percentage capital gain this year?
Transcribed Image Text:Remo Corp's shares are currently selling for $42 each. You bought 150 shares one year ago at $38 and received dividend payments of $1.50 per share. What was your percentage capital gain this year?
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