Mitchell bought 600 shares of Centerco two years ago for $34.50 per share. He sold them yesterday for $38.64 per share.
a. What was the percent increase in the price per share?
b. What was the total purchase price for the 600 shares?
c. What was the total selling price for the 600 shares?
d. What was the percent capital gain for the 600 shares?
e. How does the percent increase in the price of one share compare to the percent capital gain for all 600 shares?