What is the capital gain

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Reference no: EM13826022

Problem:

One year ago, Bob Sakamano invested $10,400 in 200 shares of Vandalay Industries stock and just received a dividend payment (total) of $600. Today he sold the 200 shares for $54.25 per share. What was his capital gain?

A. 4.2%

B. 4.4%

C. 4.3%

D. 4.1%

Additional Information:

This question is basically belongs to the Finance as well as it is about computation of capital gain by selling share of the company.

Reference no: EM13826022

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What is the capital gain : One year ago, Bob Sakamano invested $10,400 in 200 shares of Vandalay Industries stock and just received a dividend payment (total) of $600. Today he sold the 200 shares for $54.25 per share. What was his capital gain?
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