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Mandy holds shares in Y Co., which have been experiencing a decline in market value. She originally purchased 1000 shares in 20x0 at $5 per

Mandy holds shares in Y Co., which have been experiencing a decline in market value. She originally purchased 1000 shares in 20x0 at $5 per share. on September 22nd of 20x1 she purchased an additional 1000 shares when they were trading for only $3 per share. On October 3rd she sold 1100 shares for $ 4.50 per share.

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