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4 years ago

15

Chip bought 10 shares of apex company for 40 each and later sold all of them for 45. This transaction resulted in what type of e

vent?

2 answers:

VikaD [51]4 years ago

3 0

Appreciation transaction
Each of his shares appreciated by 5
So he ended up with a profit of 50 from the 10 Shares

allochka39001 [22]4 years ago

3 0

Answer:

capital gain

Step-by-step explanation:

apex

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