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 $2.92 per share per year for the last 12 years. management expects to continue to pay at that amount for the foreseeable future. kim arnold purchased 400 shares of kelsey class a common 10 years ago at a time when the required rate of return for the stock was 7.3%. she wants to sell her shares today. the current required rate of return for the stock is 11.30%. how much total capital gain or loss will kim have on her shares?
the value of the stock when sally purchased it was $ (round to the nearest cent)the value of the stock if sally sells her shares today is $ (round to the nearest cent)the total capital gain ( or loss) sally will have on her shares is $ (round to the nearest dollar. enter a positive number for a capital gain and a negative number for a loss.)