How much gain or loss resulted from the
A person owned 400 shares of XYZ common stock which cost $20,000. XYZ then had a 2-for-1 stock split. After the split, the person sold 100 shares for $10,000. How much gain (or loss) resulted from the sale?
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a person owned 400 shares of xyz common stock which cost 20000 xyz then had a 2-for-1 stock split after the split the
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