One year ago, you purchased a stock at a price of $32.16. The stock pays quarterly dividends

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One year ago, you purchased a stock at a price of $32.16. The stock pays quarterly dividends of $0.20 per share. Today, the stock is selling for $28.20 per share. What is your capital gain on this investment?

A. -$4.16

B. -$3.96

C. -$3.76

D. -$3.16

E. -$2.96

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Question Posted: Jan 08, 2013 05:38 AM

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One year ago, you purchased a stock at a price of $32.16. The stock pays quarterly dividends

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Contemporary Financial Management

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