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  • Dec 18, 2006, 05:33 PM
    Jhawk
    Returns
    Have a question that I am working on for class.

    One year ago an John Doe invested $10,400 in 200 shares of XYZ Co stock and received a dividend of $600. He sold the 200 shares for $54.25 per share.

    What was the capital gain? I got $52
    What was total dollar return? $1050
    What was % return?
    What was stock dividend yield? 4%

    Any suggestions on how to survive this?
  • Dec 19, 2006, 01:18 AM
    CaptainForest
    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%

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