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Skizzle234 Skizzle234
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Posts: 483
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5 years ago

Question 1.

If Raoul purchases a share of stock for $40 and four years later sells it for $160, he will realize a



▸ dividend of $120.

▸ dividend of $200.

▸ capital gain of $120.

▸ capital gain of $160.

Question 2.

Eddie purchased an autographed Kobe Bryant basketball when he was 17 years old for a total cost of $200 and then sold the basketball 4 years later for $700. Due to these transactions



▸ Eddie earned a capital gain of $500.

▸ Eddie earned a capital gain of $700.

▸ Eddie earned a dividend of $500.

▸ Eddie earned a dividend of $900.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Cass S.Cass S.
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5 years ago
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Skizzle234 Author
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5 years ago
Good timing, thanks!
dearsophia21
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Yesterday
Smart ... Thanks!
erimis
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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