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Allen Gibbs Purchased 50 Shares of ABC Corp

Question 19

Multiple Choice

Allen Gibbs purchased 50 shares of ABC Corp. ,each worth $110.If the price of the share increases to $135 after a year,what will be the capital gain if Allen sells all his shares?


A) $1,250
B) $25
C) $6,750
D) $5,500

Correct Answer:

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