A stock is bought for $22.50 and sold for $26.00 one year later, immediately after it has paid a dividend of $1.50. What is the capital gain rate for this transaction?
a. 7.78%
b. 3.11%
c. 15.56%
d. 12.45%
capital gain rate =(End value-Beginning value)/Beginning value
=(26-22.5)/22.5
which is equal to
=15.56%(Approx).
A stock is bought for $22.50 and sold for $26.00 one year later, immediately after it...
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