Multiple Choice
After buying 100 shares of common stock in the It's All Good Corporation for $20 per share, Popeye later sold the same shares for $25 per share. Popeye's capital gain on the total transaction is:
A) $5.
B) $50.
C) $500.
D) $2,500.
Correct Answer:
Verified
Correct Answer:
Verified
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