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On November 10, 2017, Vanessa purchased 80 shares of JEP stock for $2,200. On November 9, 2018, she sold the 80 shares for $1,600. Therefore,
On November 10, 2017, Vanessa purchased 80 shares of JEP stock for $2,200. On November 9, 2018, she sold the 80 shares for $1,600. Therefore, Vanessa has:
A short-term loss of $600.
A short-term gain of $600.
A long-term loss of $600.
A long-term gain of $600.
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