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Stellar Recreational Vehicles Ltd. shares are currently selling for $37.60 each. You bought 200 shares one...

Stellar Recreational Vehicles Ltd. shares are currently selling for $37.60 each. You bought 200 shares one year ago at $34.05 and received dividend payments of $1.60 per share. What was your total dollar capital gain this year?

Solutions

Expert Solution

Total dollar capital gain=(End value-Beginning value)*200 shares

=(37.6-34.05)*200

which is equal to

=$710

jeff jeffy answered 2 years ago
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