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Frank Bart Bought 100 Shares of Home Depot for $46

Question 90

Multiple Choice

Frank Bart bought 100 shares of Home Depot for $46 a share. Later, he sold his 100 shares for $56 a share. Frank's profit is referred to as


A) just plain luck.
B) a margin profit.
C) selling high.
D) a capital gain.
E) an SEC transaction.

Correct Answer:

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