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On 1/1/X0, Alex acquired 100 shares of Harpur Corporation common stock at a price of $2 per share
On 1/1/X0, Alex acquired 100 shares of Harpur Corporation common stock
at a price of $2 per share. On 6/30/X0 Alex sold $50 shares at a price of $1 per share.
Alex's recognized loss is:
Select one:
a. $100.
b. $75.
c. $50.
d. $25.
e. The loss is not recognized because it is a wash sale.
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