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Gregory bought 975 shares of stock at a price of $31 per share. He later sold his stock at a price of $30. What was
Gregory bought 975 shares of stock at a price of $31 per share. He later sold his stock at a price of $30. What was his total return on his investment?
Multiple Choice
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$975 capital gain
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$29,250 capital gain
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$31 capital loss
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$1 capital gain
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$975 capital loss
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