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QUESTION

You buy 200 shares of stock at $5.00 per share. You receive one dividend of 20 cents per share. You sell the stock two years later for $6.00 a...

You buy 200 shares of stock at $5.00 per share. You receive one dividend of 20 cents per share. You sell the stock two years later for $6.00 a share.  Fee for selling the stock online is $15. 

What is the total profit you made on the entire transaction? Is this a long-term or short-term capital gain? (10 points)

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