Daisy Diaz Purchased 100 Shares of Cameco Inc

question 91

Multiple Choice

Daisy Diaz purchased 100 shares of Cameco Inc.at $40 dollars a share.The shares subsequently split three for one on December 31, 2004 and currently trade at $50 a share.If Daisy sells all of her shares, what will be his capital gain?

• A)$11,000
• B)$5,500
• C)$4,000
• D)$6,000
• E)$6,500

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