Assume you purchased 400 shares of stock for $20 a share,sold the stock for $8,392 and received a total of $550 in dividends.What was total dollar capital gain and total dollar return?
A)$392;$942
B)$392;$158
C)$550;$942
D)$550;$158
E)$392;$550

Question

Quizplus · Accepted Answer

Total capital gain in dollars = $8,392 - (400 × $20)= $392Total return in dollars = $550 + 392 = $942

Assume You Purchased 400 Shares of Stock for $20 a Share,sold