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6 June, 23:52

Ryan bought 10 shares of Apex Company for $50 each and later sold all of them at $45 each. This transaction resulted in what type of event?

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Answers (2)
  1. 7 June, 01:10
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    The transaction that transpired was a capital loss.
  2. 7 June, 03:48
    0
    This transaction is "capital loss" because he lost money in buying 10 shares of Apex Company. He bought them for more than he sold them for.
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