What would be their capital gains from the investment

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During the past five years, Lennox invested $2,250 each year into their employer company OPQ Incorporated. The purchase price for these shares were $34 (year 1), $35 (year 2), $47 (year 3), $40 (year 4) and $46 (year 5).

Problem 1: What would be average cost per share for Lennox's investment?

Option 1: $44

Option 2: $41

Option 3: $39

Option 4: $38

Option 5: $42

Problem 2: If Lennox sold their OPQ shares at $50 per shares, what would be their capital gains from their investment?

Option 1: $3,113

Option 2: $2,068

Option 3: $3,124

Option 4: $3,109

Option 5: $3,168

Reference no: EM132966217

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