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Solve the Problem. -In 2001, Aaron Purchased 100 Shares of a Pharmaceutical Company's

Question 80

Multiple Choice

Solve the problem.
-In 2001, Aaron purchased 100 shares of a pharmaceutical company's stock for a price of $2.30. In 2002, Aaron sold all 100 shares for a price of $6.70. What was Aaron's total gain or loss for this transaction?


A) gain of $44
B) loss of $440
C) loss of $44
D) gain of $440

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