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uestion 39 of 75. an purchased 100 shares of Novell stock for $12 a share on September 10, 2016. On August 29, 2017, the price had fallen to $9. Concerned that the price might decline further, Jan sold all her shares that day. On September 26, 2017, she re- purchased the stock when it was $11 a share. What is Jans 2017 capital gain or loss on these transactions? O $100 short-term loss O $300 short-term loss. O $300 long-term loss. Mark for follow up Question 40 of 75 Jane purchased the following shares of Alpine stock: 54 shares for $1,546.49 in 2013. 67 shares for $1,798.59 in 2014. 98 shares for $2,435.37 in 2015. She sold 133 shares of Alpine in 2017 and did not identify which shares she sold. What basis should she use for computing gain or loss? O $3,355 O $3,497 O $3,511 O $3,643 Mark for follow up
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