Assume the following numbers and scenario. You just bought 500 shares of Spotify Technology today at a price of $296.02/share. 3 years from now, you
Assume the following numbers and scenario. You just bought 500 shares of Spotify Technology today at a price of $296.02/share. 3 years from now, you sell all 500 shares at a price of $376.52. What is your total Capital Gain/Loss from this transaction and is this taxable income if it's in a regular investment account, (non-401k, IRA, or 403B)
Group of answer choices
$80.50 and no
$40,250 and yes
$40,250 and no
$148,010 and yes
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