Six months ago,you purchased 100 shares of stock in ABC Co.at a price of $43.89 a share.ABC stock pays a quarterly dividend of $.10 a share.Today,you sold all your shares for $45.13 per share.What is the total amount of your capital gains on this investment?

Question

Quizplus · Accepted Answer

The capital gain per share is the selling price minus the purchase price, which is $45.13 - $43.89 = $1.24. For 100 shares, the total capital gain is $1.24 * 100 = $124.00.

Six Months Ago,you Purchased 100 Shares of Stock in ABC