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Daisy Diaz Purchased 100 Shares of Cameco Inc

Question 91

Multiple Choice

Daisy Diaz purchased 100 shares of Cameco Inc.at $40 dollars a share.The shares subsequently split three for one on December 31, 2004 and currently trade at $50 a share.If Daisy sells all of her shares, what will be his capital gain?


A) $11,000
B) $5,500
C) $4,000
D) $6,000
E) $6,500

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