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Business, 03.01.2020 02:31 dilu76

Efrain owns 1,000 shares of rj inc. common stock which he purchased three years ago for $36,000. efrain sells the 1,000 shares on october 15, 2018, for $10,000 on november 12, he purchases 400 shares of rj inc. preferred stock for $8,000. efrain's recognized loss on the sale of the 1,000 shares will be a. $26,000. b. $10,400 o c. $15,600. o d. $0.

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Efrain owns 1,000 shares of rj inc. common stock which he purchased three years ago for $36,000. efr...
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