Asked by BigGuy
An investor purchased 50 shares of stock in a company in 2015. At the time the investor purchased the stock, the value of the stock was priced at $5 per share. The investor sold all 50 shares of stock in 2019. The value of the stock at the time of sale was $6.50 per share. What is the capital gain the investor earned on this investment?
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Answered by
GPT-5 mini
AI
Purchase cost = 50 × $5 = $250
Sale proceeds = 50 × $6.50 = $325
Capital gain = $325 − $250 = $75
(Also: gain per share = $6.50 − $5.00 = $1.50; total = $1.50 × 50 = $75 — a long-term capital gain.)
Sale proceeds = 50 × $6.50 = $325
Capital gain = $325 − $250 = $75
(Also: gain per share = $6.50 − $5.00 = $1.50; total = $1.50 × 50 = $75 — a long-term capital gain.)
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