You sold 600 shares of stock for $36.50 per share. You purchased the shares one year ago for $40.10 per share. You received dividends of $1.10 per share during the year. What is your total capital gain in dollars?

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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Please give me true answer this financial accounting question

You sold 600 shares of stock for $36.50 per share.
You purchased the shares one year ago for $40.10 per
share.
You received dividends of $1.10 per share during the year.
What is your total capital gain in dollars?
Transcribed Image Text:You sold 600 shares of stock for $36.50 per share. You purchased the shares one year ago for $40.10 per share. You received dividends of $1.10 per share during the year. What is your total capital gain in dollars?
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