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Sourceless, Inc is a successful distribution company. The companys class A common stock has paid a dividend of 511 per share
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Answer #1

Value 7 years ago = Dividend / Required Return

= 11 / 0.15

= 73.33

value as of Today = Dividend / Required Return

= 11 / 0.19

= 57.89

Capital Loss = 73.33 - 57.89 = 15.44 per share

Total Loss = 15.44 * 400 shares = $6176

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