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ra1l [238]
3 years ago
11

An investor purchased 50 shares of stock in a company in 2015. At the time the investor purchased the stock, the value of the st

ock was priced at $5 per share. The investor sold all 50 shares of stock in 2019. The value of the stock at the time of sale was $6.50 per share. What is the capital gain the investor earned on this investment?
$250

$325

$75

$50
Business
1 answer:
frutty [35]3 years ago
3 0

Answer:

$75

Explanation:

$5 to $6.5 is a 1.3% increase and if the investor bought 50 shares of $5 he bought a total of $250 worth of stock. If you multiply the $250 by 1.3% it will be $325. But the question asks for the capital gain so you would subtract $325 and $250 which is $75.

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