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An investor purchased 500 shares of common stock, $25 par, for $21,750. Subsequently, 100 shares were sold for $49.50 per share. What is the
An investor purchased 500 shares of common stock, $25 par, for $21,750. Subsequently, 100 shares were sold for $49.50 per share. What is the amount of gain o on the sale? a. $9,250 loss Ob: 5600 gain Cc. $12,750 gain d. 5600 loss
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