On Jan. 15, an Investor bought 100 shares of XYZ stock for $80 per share. On Aug 10, he sold them for $98 per share. Dur
Posted: Sun Jun 05, 2022 10:22 am
On Jan. 15, an Investor bought 100 shares of XYZ stock for $80 per share. On Aug 10, he sold them for $98 per share. During this period XYZ paid $2 as cash dividend per share. a) Compute the profit (loss) of the investor in dollars. b) Compute the rate of return c) Compute the income and capital gain percentage