Jessica bought a share at a price of $11.50. She received a $0.75 dividend and sold the share for $12.50. What is Jessica's capital gain on this investment?

Name: Jessica bought a share at a price of $11.50. She received a $0.75 dividend and sold the share for $12.50. What is Jessica's capital gain on this investment?
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Question

Quizplus · Accepted Answer

Jessica's capital gain is calculated by subtracting the purchase price from the selling price: $12.50 - $11.50 = $1.00. The dividend is not included in the capital gain calculation.

Jessica Bought a Share at a Price of $11