You just sold 700 shares of Alcove stock at a price of $34.08 a share. Last...

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Question

You just sold 700 shares of Alcove stock at a price of $34.08 a share. Last...

You just sold 700 shares of Alcove stock at a price of $34.08 a share. Last year you paid $39.20 a share to buy this stock. You received dividends totaling $1.04 per share. What is your total capital gain on this investment?

business finance

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Answer 1

Answer #1

Total capital gains=(End value-Beginning value)*700 shares

=(34.08-39.2)*700

which is equal to

=-3584(Negative).

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Answer 2

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You just sold 700 shares of Alcove stock at a price of $34.08 a share. Last...

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You just sold 700 shares of Alcove stock at a price of $34.08 a share. Last...