Suppose you purchased 1600 shares of pan am airlines at the, Financial Management

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Suppose you purchased 1600 shares of pan am airlines at the

Suppose you purchased 1,600 shares of Pan Am Airlines at the beginning of the year for ?$17.25 By the end of the? year, the stock price had appreciated to ?$18.63At the end of the? year, Pan Am paid a dividend of ?$0.64 per share. Calculate your capital gain on this investment over the year.

What was your capital gain on this investment over the? year? ?(Round to two decimal? places.)

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