How much would an investor earn on a stock purchased one year ago for $70 if it

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How much would an investor earn on a stock purchased one year ago for $70 if it paid an annual cash dividend of $4.35, and has just been sold for $78.50? Would the investor have experienced a capital gain? Explain.

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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