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    Fundamentals of Corporate Finance Study Set 14
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    Exam 7: Stock Valuation
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    A Stock Is Bought for $23
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A Stock Is Bought for $23

Question 38

Question 38

Multiple Choice

A stock is bought for $23.00 and sold for $27.00 one year later, immediately after it has paid a dividend of $1.50. What is the capital gain rate for this transaction?


A) 3.48%
B) 8.70%
C) 13.91%
D) 17.39%

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