Respuesta :
Answer:
Step-by-step explanation:
5. (a)
% increase = (new number - original number) / original number) * 100
= ((39.01 - 33.50) / 33.50) * 100
= (5.51 / 33.50) * 100
= 0.1644 * 100
= 16.44 rounds to 16.4% increase <==
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(b).
total purchase price...he bought 450 shares for 33.50 per share..
450 * 33.50 = $ 15,075 <==
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(c) total selling price...he sold 450 shares for 39.01 per share...
450 * 39.01 = $ 17,554.50 <==
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(d) percent capital gain..
% cap gain = (sold for - paid for) / paid for ) * 100
= (17,554.50 - 15,075) / 15,075) * 100
= (2479.50 / 15,075) * 100
= 0.1644 * 100
= 16.4% gain <===
The percent increase in the price per share is 16.4%.
The total purchase price for the 450 shares is $15,075.
The total selling price for the 450 shares is $17,554.50.
The percent capital gain for the 450 shares is 16.4%.
How to determine the percent increase in the price per share
Percent increase in the price per share = (change in price per share / purchase share price) x 100
change in price per share = $39.01 - $33.50 = $5.51
($5.51 / $33.50) x 100 = 16.4%
How to determine the total purchase price
Total purchase price = number of shares bought x price per share
450 x $33.50 = $15,075
How to determine the total selling price
Total selling price = number of shares sold x price per share
450 x $39.01 = $17,554.50
The percent capital gain is the same as the percent increase in price per share. It is 16.4%
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