Business, 31.10.2019 06:31 danksans7011
Common stock valuelong dashzero growth personal finance problem kelsey drums, inc., is a well-established supplier of fine percussion instruments to orchestras all over the united states. the company's class a common stock has paid a dividend of $4.23 per share per year for the last 16 years. management expects to continue to pay at that amount for the foreseeable future. kim arnold purchased 200 shares of kelsey class a common 9 years ago at a time when the required rate of return for the stock was 9.1%. she wants to sell her shares today. the current required rate of return for the stock is 4.10%. how much total capital gain or loss will kim have on her shares?
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