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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
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