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Business, 12.03.2021 17:50 mrsbabyjacob

During 2020, Tom sold GM stock for $25,000. The stock was purchased 4 years ago for $35,000. Tom also sold Ford Motor Company bonds for $87,500. The bonds were purchased 2 months ago for $74,375. Home Depot stock, purchased 2 years ago for $2,500, was sold by Tom for $3,750. Calculate Tom's net gain or loss, and indicate the nature of the gain or loss. $fill in the blank 1

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During 2020, Tom sold GM stock for $25,000. The stock was purchased 4 years ago for $35,000. Tom als...
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