Suppose you bought 1,500 shares of a corporation at GH¢25 each. After a year, you received GH¢3000 (GH¢ 2 per share) in
Posted: Sun Jun 05, 2022 7:10 am
Suppose you bought 1,500 shares of a corporation at GH¢25 each. After a year, you received GH¢3000 (GH¢ 2 per share) in dividends. At the end of the year the stock sells for GH¢30 each. If you sell the stock at the end of the year, your total cash inflow will be GH¢48,000 (1500 shares @ 30 each = GH¢45000 & Dividend = GH¢3000).%0A%0AAccording to the given data, the Capital Gain will be:%0A%0A %0A%0A%0A%0A%0A%0A%0ASelect one:%0A%0Aa.%0AGH¢7,500%0A%0A%0Ab.%0AGH¢7,000%0A%0A%0A%0A%0Ac.%0AGH¢9,000%0A%0A%0Ad.%0AGH¢10,500