Solution-Calculate maximas amount realized

Calculate maximas amount realized

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On September 5, 2018, Maxima sold 300 shares of stock in BrightEyez LLC that she had purchased July 19, 2003. Her cost basis is $10,000; she sold it for $20,000 and paid a commission of $2,400. Calculate Maxima's "amount realized" and "realized gain/loss."

Question 1: Was this a good investment? Why or why not? Explain.

Reference no: EM132465582

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Calculate maximas amount realized

Reference no: EM132465582

Reference no: EM132465582

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