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Calculate Tom net gain or loss

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Question - During 2018, Tom sold Sears stock for $14,200. The stock was purchased 4 years ago for $19,880. Tom also sold ford company bonds for $49,700. The bonds were purchased 2 months ago for $4/,245. Home Depot stock, purchased 2 years ago for $1,420, was sold by Tom for 2,130. Calculate Tom's net gain or loss, and indicate the nature of the gain or loss.

Reference no: EM132607626

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