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Simon buys 100 shares of Target stock at $50. He holds onto it for 16...

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Question

Accounting

Simon buys 100 shares of Target stock at $50. He holds onto it for 16 months and earns quarterly dividends of $0.40 per share before selling it at $49.75 per share. The sale of stock would be classified as:

a.

A realized gain
b.

A realized loss
c.

An unrealized gain
d.

An unrealized loss

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