Write program that make calculations for arbitrary purchases

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Reference no: EM131841451

Problem

Suppose you buy 100 shares of a stock at $12 per share, then another 100 at $10 per share, and then sell 150 shares at $15. You have to pay taxes on the gain, but exactly what is the gain? In the United States, the FIFO rule holds: You first sell all shares of the first batch for a profit of $300, then 50 of the shares from the second batch, for a profit of $250, yielding a total profit of $550. Write a program that can make these calculations for arbitrary purchases and sales of shares in a single company. The user enters commands buy quantity price, sell quantity (which causes the gain to be displayed), and quit.

Reference no: EM131841451

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