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Question 21 of 50. Lawan purchased 100 shares of Oceanwave stock for $13 a share on May 16, 2017. On October 30, 2018, the price
Question 21 of 50. Lawan purchased 100 shares of Oceanwave stock for $13 a share on May 16, 2017. On October 30, 2018, the price had fallen to $10. Concerned that the price might decline further, Lawan sold all her shares that day. On November 12, 2018, she re-purchased the stock when it was $12 a share. Lawan's 2018 capital gain or loss on these transactions is O $300 short-term loss. $300 long-term loss. O $100 short-term loss $0
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