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You Just Sold 200 Shares of Langley,Inc

Question 36

Multiple Choice

You just sold 200 shares of Langley,Inc. stock at a price of $38.75 a share. Last year you paid $41.50 a share to buy this stock. Over the course of the year,you received dividends totaling $1.64 per share. What is your capital gain on this investment?


A) -$550
B) -$222
C) -$3
D) $550
E) $878

Correct Answer:

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