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You Just Sold 700 Shares of Alcove Stock at a Price

Question 77

Multiple Choice

You just sold 700 shares of Alcove stock at a price of $34.08 a share.Last year you paid $39.20 a share to buy this stock.You received dividends totalling $1.04 per share.What is your total capital gain on this investment?


A) −$3,584
B) −$3,672
C) −$3,544
D) −$2,856
E) −$2,608

Correct Answer:

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