| Capital Gain?
Purchase Price: $10,400
Sold for: 200 x 54.25 = 10,850
Therefore, difference of $450 in capital gain. In terms of taxable capital gains, that would be 450/2 = $225 in Canada.
I agree with you that the total dollar return was $1,050
what was % return?
You invested 10,400 and 1 year later you had accumulated 10,850 + 600 = 11,450.
(11,450 – 10,400) / 10,400 = 10.1% |