"An investor bought 5,000 shares of BC Resources at .75 1/2 and received a dividend of .05. He then sold them at .80. What was the investor's total gain? What was the percentage gain?"
I don't really even know how to go about starting this question. I'm not sure how to calculate .75 1/2 and the way this question is worded is not like any question in the book so far.
Any help would be great! thanks
I don't really even know how to go about starting this question. I'm not sure how to calculate .75 1/2 and the way this question is worded is not like any question in the book so far.
Any help would be great! thanks