Eight months ago, Turner purchased 100 shares of Delta Frames stock at a price of $47.08 a share. Delta pays a quarterly dividend of $1.10 a share. Today, Turner sold all of his shares for $48.63 per share. What is Turner's total capital gain on this investment?
A) $155
B) $180
C) $265
D) $360
E) $375
Correct Answer:
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