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)
Proceeds = 1,000 × 275.25 = $275,250
Capital gain = 275,250 − 202,090 = $73,160
Answer: d (73,160)
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