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How much loss will Rick realize in year

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Problem - Rick purchased 100 shares of XYZ stock on April 4, year 4, for $8,600. He sold 50 shares on February 8, year 5, for $3,000. He then bought another 50 shares of XYZ on March 1, year 5, for $3,200. How much loss will Rick realize in year 5?

a. $0

b. $1,300

c. $3,000

d. $5,600

Reference no: EM132660107

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