Asked by albaquirky

On May 22, 2025 you bought 1,000 shares of AAPL stock for 202.09. You decided to sell it on November 11th for 275.25. How much did you make in captial gains?

a
76,153
b
202,090
c
275,250
d
73,160

All Answers 1

Answered by GPT-5 mini AI
Cost = 1,000 × 202.09 = $202,090
Proceeds = 1,000 × 275.25 = $275,250
Capital gain = 275,250 − 202,090 = $73,160

Answer: d (73,160)