Marc purchased 100 shares of LXM stock for $25 per share and sold this same stock two years later for $28 per share. He paid commissions of $50 when he purchased the stock and $55 when he sold the stock. No dividends were paid during the period he owned LXM. What is Marc's current income from this investment? What is his capital gains?
Marc purchased 100 shares of LXM stock for $25 per share and sold this same stock two years later for $28 per share. He paid commissions of $50 when he purchased the stock and $55 when he sold the stock. No dividends were paid during the period he owned LXM. What is Marc's current income from this investment? What is his capital gains?
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Marc purchased 100 shares of LXM stock for $25 per share and sold this
same stock two years later for $28 per share. He paid commissions of $50
when he purchased the stock and $55 when he sold the stock. No
dividends were paid during the period he owned LXM. What is Marc's
current income from this investment? What is his capital gains?
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