Ask Question
22 June, 23:56

A stock is bought for $23.00 and sold for $27.00 one year later, immediately after it has paid a dividend of $1.50. what is the capital gain rate for this transaction

+3
Answers (1)
  1. 23 June, 00:32
    0
    P1 = $27

    P0 = $23

    To solve:

    Capital gain rate = (P1 - P0) / P0

    Capital gain rate = ($27.00 - $23.00) / $23.00

    Capital gain rate = $4/$23

    Capital gain rate = 0.1739

    Capital gain rate = (0.1739) (100)

    Capital gain rate = 17.39%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A stock is bought for $23.00 and sold for $27.00 one year later, immediately after it has paid a dividend of $1.50. what is the capital ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers