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Problem 4 - 3 questions x 3.67 points 11 points Jan 1-Luke purchased Starbucks: 1,000 shares at $30 per share Feb 1-Luke sold Starbucks: 500
Problem 4 - 3 questions x 3.67 points 11 points Jan 1-Luke purchased Starbucks: 1,000 shares at $30 per share Feb 1-Luke sold Starbucks: 500 shares at $28 per share Apr 1 - Luke purchased Starbucks: 600 shares at $29 per share 1) What is Luke's realized loss on February 1? 2) What is Luke's recognized loss on February 1? 3) What is Luke's recognized loss on February 1 if Luke had repurchased the 600 shares not on April 1 but on February 28? G
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