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Part G.2 The following information is for solving Questions 59 to 62 During the past five...

Part G.2

The following information is for solving Questions 59 to 62

During the past five years, Mary invested $2,500 each year into her employer company OPQ Incorporated. The purchase price for these shares were $44 (year 1), $45 (year 2), $47 (year 3), $50 (year 4) and $56 (year 5).

Question 59

How much has Mary invested in OPQ shares?

Question 59 options:

$12,500

$10,000

$2,500

$5,000

None of the Above

Question 60

How many shares (rounded down to the whole share) would Mary have?

Question 60 options:

260

284

277

266

None of the Above

Question 61

What would be average cost per share for Mary's investment?

Question 61 options:

$48

$47

$45

$44

None of the Above

Question 62

If Mary sold her OPQ shares at $60 per shares, what would be her capital gains from her investment?

Question 62 options:

$2,600

$1,300

$3,389

$3,120

None of the Above

Solutions

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