John Reardon purchased 100 shares of Tomco Corporation in December 2019, at a total cost of...

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John Reardon purchased 100 shares of Tomco Corporation in December 2019, at a total cost of $1,782. He held the shares for 15 months and then sold them, netting $2,535. During the period he held the stock, the company paid him $3.03 per share in cash dividends. How much, if any, was the capital gain realized upon the sale of stock? Calculate John's pretax HPR. John's capital gain (or loss) is $ (Round to the nearest dollar.) John Reardon purchased 100 shares of Tomco Corporation in December 2019, at a total cost of $1,782. He held the shares for 15 months and then sold them, netting $2,535. During the period he held the stock, the company paid him $3.03 per share in cash dividends. How much, if any, was the capital gain realized upon the sale of stock? Calculate John's pretax HPR. John's capital gain (or loss) is $ (Round to the nearest dollar.)

Answer rating: 100% (QA)

To calculate the capital gain or loss and the pretax holding period return HPR we n... View the full answer