You Just Sold 600 Shares of Stock for $42

question 68

Multiple Choice

You just sold 600 shares of stock for $42.09 a share.One year ago,you purchased the stock for $44.50 a share and have received dividends totalling $0.68 per share.What is your total capital gain in dollars?

• A)−$1,446
• B)−$1,038
• C)$1,038
• D)$1,446
• E)$1,854

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Definitions:

Independent Variable

A variable that is manipulated in an experiment to observe its effect on the dependent variable.

Dependent Variable

In experimental and statistical research, the variable being tested and measured, which is expected to change as a result of variations in the independent variable.

Control Group

In experiments, it refers to the group of participants who do not receive the experimental treatment or intervention, serving as a benchmark to measure how the other tested subjects do.

The Experiment

A research method in psychology and the sciences used to determine cause-effect relationships by manipulating variables under controlled conditions.