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Solution Library
calculation of total gain on an investment
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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