Answer:
Total dollar capital gain= 1,158
Total dollar return= $1,878
Step-by-step explanation:
600 shares is bought at $24.20 each
At the end of the year $720 is received as dividend
The stock is worth a total of $15,678
The total dollar capital gain can be calculated as follows
=$15,678-600×24.20
= 15,678-14,520
= 1,158
The total dollar return can be calculated as follows
=720+15,678-600×24.20
= 16,398-14,520
= $1,878
Hence the total dollar capital gain is 1158 and the total dollar return is $1,878