Excelsior shares are currently selling for $25.00 each. You bought 200 shares one year ago at $24 and received dividend payments of $1.50 per share. What was your percentage capital gain this year?
A) 10.42%
B) 4.17%
C) 6.25%
D) 110.42%
E) 104.67%

Question

Quizplus · Accepted Answer

The capital gain is calculated as the change in price divided by the original price. The price increased from $24 to $25, which is a $1 increase. The percentage capital gain is ($1 / $24) * 100% = 4.17%. The dividends are not included in the capital gain calculation.

Excelsior Shares Are Currently Selling for $25