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Ms . Crocker bought 1 , 0 0 0 shares of EMO Corporation stock for $ 1 0 , 0 0 0 on January 2
Ms Crocker bought shares of EMO Corporation stock for $ on January On December she sold all shares of her EMO stock for $ Based on a hot tip from her friend, she bought shares of EMO stock on January for $ What is Ms Crocker's recognized loss on her sale and what is her basis in her shares purchased in
Multiple Choice
$ LTCL and $ basis
$ LTCL and $ basis
$ LTCL and $ basis
$ LTCL and $ basis
None of the choices are correct.
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