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Question
An investigation of the degree to which NPV depends on assumptions made about any singular
You just sold 200 shares of Langley, Inc. stock at a price of $38.75 a share. Last year you paid
$41.50 a share to buy this stock. Over the course of the year, you received dividends totaling
$1.64 per share. What is your capital gain on this investment?
a. -$550
b. -$222
c. -$3
d. $550
e. $878
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