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If Sara Purchases 100 Shares of Abercrombie and Fitch Stock

Question 57

Multiple Choice

If Sara purchases 100 shares of Abercrombie and Fitch stock for $20 a share and then sells the stock for $23 per share, Sara will have a


A) $3 dividend per share.
B) capital gain of $300.
C) capital gain of $100.
D) $300 decrease in the value of her stock.
E) total return of $3.

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