Last year, you purchased 590 shares of Forever, Inc., stock at a price of $47.20 per...

Question

Question

Last year, you purchased 590 shares of Forever, Inc., stock at a price of $47.20 per share. You received $826 in dividends an

business finance

Answer 1

Answer #1

End value per share=32,232/590

=$54.6305085

Capital gains=(End value-Beginning value)/Beginning value

=(54.6305085-47.2)/47.2

which is equal to

=15.74%(Approx)

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Answer 2

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