Hue purchased 50 shares of stock on April 24, 2019. The price skyrocketed, so she decided to sell the stock in April of 2020. Wh

Question

3 years ago

12

at date should she sell the shares if she wanted to make sure her gain was long-term?
April 15, 2020.
April 23, 2020.
April 24, 2020.
April 25, 2020.

1 answer:

nadya68 [22] · Answer 1 · 2022-10-01T11:56:46+03:00

8 0

Answer:

April 25, 2020

Explanation:

April 25, 2020

In order for an investment to be considered long-term, it must be held for longer than 1 year.

April 24th is not longer than a year, the only answer that is longer than a year of holding is April 25, 2020