question archive Nine months ago, you purchased 100 shares of stock in SPG at a price of $23

Nine months ago, you purchased 100 shares of stock in SPG at a price of $23

Subject:FinancePrice:2.86 Bought3

Nine months ago, you purchased 100 shares of stock in SPG at a price of $23.68 a share. The stock pays a
quarterly dividend of $0.12 a share. Today, you sold all of your shares for $27.11 per share. What is the total
amount of your capital gains income on this investment? @ $343 0 $662 0 $549 0 $686 0 $1,098

 

 

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Selling Price of share = 27.11 per share

SPG at a price = 23.68 per share

Shares = 100

 

Total Amount of Capital Gain = (27.11 - 23.68) * 100

Total Amount of Capital Gain = 3.43 *100

Total Amount of Capital Gain = $343